Bungalow

The property is a substantial mixed-use building with two ground-floor commercial units, a single-storey bungalow to the rear, and two upper-floor apartments, totaling five units. The units are fully tenanted and generate a total of £55,908 per annum, with commercial unit rentals ranging from £10,560 to £11,040 per annum, bungalow rentals of £10,740 per annum, and apartment rentals of £10,068 to £10,500 per annum. The property also features solar panels that produce an additional income of approximately £3,000 per annum. The building benefits from a 999-year lease from 1898, effectively freehold in all practical terms, and has a gross yield of 9.4% and a net yield of 9.4%.