£650,000
High Street, Rushden, NN10
- 0 beds
£650,000
- 0 beds
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Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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The property comprises of a commercial retail unit, offering approximately 935 sq ft. and generating a rental income of ?1,500 per month (?18,000 per annum).
Additionally, the property includes four well-maintained micro flats, each generating ?650 per month (?7,800 per annum), contributing a total of ?26,000 annually from the residential element.
With a combined annual rental income of ?46,800, this fully tenanted mixed-use property offers a solid income stream and presents an excellent investment opportunity for those seeking reliable returns. The prime location, strong rental yield, and versatile property make it an attractive addition to any investment portfolio.
Location
Rushden`s High Street offers a vibrant and bustling environment, with a mix of independent retailers, popular caf?s, and essential services, making it an attractive destination for both locals and visitors. The area benefits from a strong community feel, with an array of local amenities that cater to the daily needs of residents.
Public transport links are excellent, with regular bus services connecting Rushden to nearby towns and cities, making it easy to travel around the region. The A6 and A45 roads provide direct access to major routes, facilitating convenient travel by car to neighbouring areas.
The property is also located near Rushden Lakes, a major retail and leisure centre that boasts an impressive selection of shops, restaurants, and entertainment options, further enhancing the appeal of the location. With its central position and excellent transport links, this property offers a prime spot for both residential and commercial tenants.
For further information or to arrange a viewing, please contact Venture Commercial on 01582 957 591.
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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Luton Borough Council, To Be Confirmed
Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None
Other Items
Heating: Gas Central Heating
Garden/Outside Space: No
Parking: No
Garage: No
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