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9 bed Detached property

Available

For Sale

Listed Jul 16, 2025

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£1,200,000

Available

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Description

"Accommodation Details
Flats 6 residential flats mix of 1 bed and 2 bed
Commercial Unit Ground floor shop let at £1,200 month
Parking 3 4 car spaces
Garages 3 units with planning consent for conversion to offices

Location High Street Adjacent, 42 foxall road, IP3 8HL
Current Gross Income £78,000 per annum
Potential Gross Income Post Development £99,600 per annum

We are delighted to offer for sale this outstanding detached mixed use property, strategically positioned just off the high street in a vibrant and well connected area. This investment comprises six self contained residential flats a combination of one bedroom and two bedroom units and a ground floor commercial unit, all of which are currently tenanted and income generating.

The property benefits from off street parking for 3 4 vehicles, as well as three garages, which come with approved planning permission to convert into office spaces unlocking further rental potential.

Rental Income
Current Monthly Income
Flat A £900
Flat B £950
Flat C £850
Flat D £900
Flat E £850
Flat F £850
Shop £1,200
Total £6,500 month £78,000 year

Future Monthly Potential Post Office Conversion
3 Offices Projected £1,800 month
Total Future Income £8,300 month £99,600 year

Investment Highlights
Freehold interest with full rental occupancy
Strong yield with further uplift through planning gain
Planning approved for conversion of garages to office space
High demand rental area close to shops, schools, and transport
Ideal for buy to let investors or mixed use portfolio expansion

This property presents a rare chance to acquire a fully let, income producing freehold asset with excellent prospects for increased rental yield and capital growth. Perfectly suited for investors looking for passive income with the added benefit of approved development potential.

"