Compact income-producing mixed-use property with short-term rent uplift potential.
Ground-floor retail let as cake shop at £550 pcm
A mixed-use Victorian high-street property on Hylton Road offering immediate rental income and clear reversion potential. The ground-floor retail unit is let as a cake shop at £550 pcm, while the upper maisonette comprises three en-suite bedrooms currently let at £460, £460 and £495 pcm with realistic scope to increase to circa £500, £500 and £525 pcm.
This leasehold investment suits a buyer seeking immediate cashflow and future rental growth. The property combines traditional period character with a modern street-front roller shutter retail space, and benefits from excellent mobile coverage and central high-street footfall. It will be sold via secure online auction — buyers should factor auction terms and sale timing into their plans.
Material considerations: the wider area is classified as deprived with high local crime and “hampered aspiration” demographics; these factors may limit capital appreciation and tenant mix. Tenure details are unclear and the property has not been inspected, so purchasers should arrange surveys, confirm lease documentation and verify tenancy particulars before bidding.
For investors aiming for yield, this is a compact, income-producing opportunity with immediate returns and modest upside from rent increases, but it carries market risk tied to local socioeconomic conditions and auction sale mechanics.
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