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2 bedroom flat for sale
Mixed Use | 2 Flats | Wsm
£195,000
Mixed Use | 2 Flats | Wsm
£195,000
Our Summary
- Hollis Morgan – SEPTEMBER LIVE ONLINE AUCTION – A Freehold MIXED USE INVESTMENT ( 1899 Sq Ft ) comprising RETAIL UNIT and 2 x 1 BED FLATS | Close to Seafront | Scope for £27,240 pa +For Sale By Live Online Auction - ADDRESS | 26 Waterloo Street, Weston Super Mare, North Somerset BS23 1LN Lot Number TBCThe Live Online Auction is on Wednesday 17th September 2025 @ 17:30Registration Deadline is on Monday 15th September 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
- Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Property - A Freehold mixed use block ( 1899 Sq Ft ) located close to the Seafront in this popular trading position
- Tenure - FreeholdCouncil Tax - A | AEPC - E | E | EThe Opportunity - MIXED USE INVESTMENT | £27,240 pa The property has scope to produce £27,240 pa once the retail unit is let and there is additional scope to increase the rental income in the flats subject to negotiations
- FOR SALE BY ONLINE AUCTION
- SEPTEMBER LIVE ONLINE AUCTION
Description
This is a freehold mixed-use investment property located in Weston Super Mare, North Somerset, comprising a retail unit and two one-bedroom flats. The property has a total floor area of 1899 sq ft and is situated close to the seafront. The retail unit is vacant and has a potential annual rental income of £1,000 pcm, while the two flats are let on ASTs with annual rents of £595 and £675 respectively. The property has the potential to generate a total annual rental income of £27,240. The location is popular with tourists and locals alike, with a range of amenities, attractions, and activities available. The property is being sold by live online auction on September 17th, 2025, with a registration deadline of September 15th, 2025.