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Mansfield Road, Baldock, SG7 Residential development for sale
Mansfield Road, Baldock, SG7
£415,000
Mansfield Road, Baldock, SG7
£415,000
Our Summary
- The ground floor has potential to convert to a flat or could be used as an office, restaurant, coffee shop or craft beer
- The potential return of investment is 6
Description
This three-storey freehold detached property in Baldock's Georgian High Street is being sold by tender, with a closing date of April 25th, 2025. The property features a one-bedroom and two-bedroom apartment on the upper floors, as well as a vacant 40-cover restaurant on the ground floor. The ground floor space has potential for conversion into a flat, office, restaurant, coffee shop, or craft beer establishment, which could complement the existing businesses on the high street. The property currently generates a rental income of £12,960 from the flats and has a potential return on investment of 6.4% with a purchase price of £415,000.