3 bedroom maisonette for sale

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3 bedroom maisonette for sale

High Street, Mundesley
£325,000

Our Summary

  • The shop can be let for £650-£750pcm meaning this investment has the potential for a 9% yield

Description

This three-bedroom maisonette and retail premises in Mundesley, Norfolk, offers a unique investment opportunity. The property has been used as a hairdressers and barbers in the past and has two main shop areas, currently let as a book and vinyl record shop. The maisonette is a successful holiday let, generating a return of £15,000-£20,000 per year, and the shop can be let for £650-£750 per month, making it a potential 9% yield. The property features a spacious living area, three comfortable double bedrooms, and a family bathroom. The property also has a small off-road parking space and is located in the heart of Mundesley, with its sandy beaches, coastal walks, and range of amenities, including shops, pubs, and a doctors surgery. The property is freehold and connected to mains services, making it an attractive investment opportunity for those looking for a lifestyle business or a rental property.