2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Leiston
£185,000

Our Summary

  • AGENTS NOTE: There may be an opportunity to convert the ground floor into residential accommodation subject to the usual change of use consents being obtained

Description

This freehold property is located on the High Street and consists of a retail unit on the ground floor and a one-bedroom flat on the first floor. The retail unit is currently rented for £5,400 per annum, while the flat is rented for £600 per month, generating a total annual income of £12,600. The flat has been recently decorated and features new carpets, gas central heating, and double-glazed windows. The property offers a great yield of 7.5% and presents a versatile opportunity for the buyer, who can either live above the shop or use the retail unit and rent out the flat. The property is being sold with a guide price of £169,000 and has a total floor area of approximately 688.87 square feet.