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2 bed property, in Nottingham Road, £150,000
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2 bed terraced house

Nottingham Road, Ilkeston DE7
Auction
£150,000

Our Summary

  • Sale by Modern Auction (T&Cs apply)
  • Ideal for owner occupier or investor with potential flat rental of £675 pcm and potential shop rental of up to £1000 pcm giving a potential gross yield of 12
  • SUMMARY SOLD BY MODERN METHOD OF AUCTION
  • Excellent semi-commercial investment opportunity offering a versatile ground floor retail unit with a self-contained flat above
  • DESCRIPTION A fantastic opportunity to acquire a well-presented semi-commercial property offering both a flexible retail space and a spacious residential element above - viewing is highly advised to take in the space and potential this property has to offer
  • Formerly operated as a barbers/hair salon with additional beauty treatment space, the ground floor remains in great condition and is ready for immediate use or repurposing to suit a wide range of business ventures (subject to any necessary consents)
  • This is an ideal purchase for investors seeking dual-income potential or business owners looking for the convenience of living above their premises, with excellent scope to maximise rental yield
  • Auctioneer's Comments This property is offered through Modern Method of Auction

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Description

The property is a semi-commercial investment opportunity with a ground floor retail unit and a self-contained flat above. The ground floor features a bright and spacious main trading area with a large display window, suitable for various commercial uses. It also has an inner shop/work area, hallway, and washrooms.

The rear conservatory provides additional working space with plumbing and fitted washbasins. The first floor flat has a spacious kitchen, a generous bedroom, and a modern fitted shower room. There is also a loft room on the second floor, offering additional usable space.

The property benefits from a secure gated yard with off-street parking.