Land for sale Sold/Delisted

About this property

A prime mixed-use freehold comprising two established commercial units at basement and ground floor level, with vacant residential accommodation above extending to approximately 1,850 sq ft. The upper parts are currently configured as a licensed 6-bedroom HMO, arranged across three floors with additional shared bathroom facilities and surplus internal space. The residential element presents multiple value-add strategies, including refurbishment and reconfiguration of the existing HMO, separation and sale of the individual flats (subject to consents), or conversion into a single substantial private residence. There is development potential to the rear and scope for upward extension, with neighbouring buildings having successfully added dormer extensions, subject to the usual planning consents. The commercial accommodation is income producing, with the ground floor let to a long-established nail salon and the basement let to a neighbouring restaurant, providing a stable underlying income while the residential element is repositioned. Total commercial income: C. £53,125 p.a. Multiple supermarkets, gyms, parks, shopping centres, and schools are located within 1.0 mile. Near university (0.75 miles), train station (0.30 miles), and bus station (0.10 miles).