7 bed flat

This mixed-use investment property on Alexandra Drive offers an excellent opportunity to generate significant rental income and potentially increase returns through development and expansion. The property comprises a large commercial shop with basement, currently trading as a convenience store, as well as four self-contained flats, including one 2-bedroom and three 1-bedroom apartments. The property also features additional land to the side, offering potential for further expansion, such as a new commercial unit with flats above or up to three additional residential flats, subject to planning permissions. The current rental income is approximately £38,000 per annum, with potential to increase to around £45,000 per annum through rental optimisation, and even greater potential for growth if the extension and development opportunities are realised.