£1,200,000 /Sale price

Accommodation Details:- Flats: 6 residential flats (mix of 1-bed and 2-bed) - Commercial Unit: Ground floor shop (let at £1,200/month)- Parking: 34 car spaces- Garages: 3 units with planning consent for conversion to officesLocation: High Street Adjacent, 42 foxall road, IP3 8HLCurrent Gross Income: £78,000 per annumPotential Gross Income (Post-Development): £99,600 per annumWe 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 34 vehicles, as well as three garages, which come with approved planning permission to convert into office spacesunlocking further rental potential.Rental Income:Current Monthly Income:Flat A £900Flat B £950Flat C £850Flat D £900Flat E £850Flat F £850Shop £1,200Total: £6,500/month (£78,000/year)Future Monthly Potential (Post Office Conversion):3 Offices Projected £1,800/monthTotal 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 expansionThis 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.