A mixed use end of terrace property comprising a shop, Flat and rear lock up. Situated on High Lane this large end of terrace shop and Flat would suit an investor. Accommodation comprises entrance hall with access to shop and Flat, open plan, shop/Office accommodation onto a rear kitchen and WC. The first floor is a self-contained one bedroom flat currently leased for a rental of 375 per month. Comprising landing, kitchen, bedroom, bathroom and living room. At the rear is a lock up store. The upper floor flat is currently let on a low rent and with renovation could achieve 525 per calendar a month. The ground floor shop could achieve a rental of 600 per annum.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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