1 Bed Flat For Sale

Semi-Commercial Opportunity – 6.9% Rental Yield!

Seths are delighted to bring to market this fantastic semi-commercial property on Mere Road, Spinney Hills. Ideally located in a bustling area with local schools, shops, and places of worship, this property offers an excellent investment opportunity.

The ground floor comprises a spacious warehouse, generating a steady rental income, while the first floor features a spacious 1-bedroom flat earning rental income from the first day you buy it!

Achieving a strong 6.9% rental yield, this is a fantastic opportunity for investors looking for a mixed-use property in a prime location.

Contact Seths today to arrange a viewing.

Ground Floor -

Shop Floor - 11.85 x 4.50 (38'10" x 14'9") - Carpeted

Warehouse - 8.47 x 5.56 (27'9" x 18'2") - Carpeted, high rise platform

First Floor -

Entrance Hall - 4.76 x 1.34 (15'7" x 4'4") - Lino flooring, radiator, space for washing machine, uPVC double glazed window

Kitchen - 3.18 x 2.28 (10'5" x 7'5") - Base and eye level units, sink with mixer tap and drainer, laminate flooring, integrated 4 ring gas hob, space for fridge freezer, uPVC double glazed windows

Living Room - 5.61 x 2.67 (18'4" x 8'9") - Carpeted, radiator, uPVC double glazed window

Bathroom - WC, wash hand basin with mixer tap and splashback tiles, shower cubicle with mixer tap, laminate flooring, radiator

Bedroom - 5.61 x 2.40 (18'4" x 7'10") - Carpeted, radiator, uPVC double glazed window

Additional Info - Tenure: Freehold
EPC rating: D
Council Tax Band: A (First floor flat)
Council Tax Rate: £1,528.34 (First floor flat)
Mains Gas: Yes
Mains Electricity: Yes
Mains Water: Yes
Mains Drainage: Yes
Broadband availability: Full Fibre Broadband