Crown Street
OIRO £200,000 Freehold

Are you searching for a sound investment opportunity in the heart of Wellington? Look no further than this exciting mixed-use property located on Crown Street. With a commercial shop and a spacious two-bedroom apartment, this property offers a range of possibilities for both investors and owner-occupiers. Situated in a prime town centre location, the property benefits from excellent visibility and high footfall, ensuring a steady flow of potential customers and clients. The commercial shop boasts an area of 265sqft and benefits from a separate kitchen and WC, providing convenience and functionality for any type of business. Whether you are looking to open a boutique, a consultancy, or any other venture, this space has the potential to cater to a variety of business requirements. The two-bedroom apartment, located above the shop, offers a comfortable and contemporary living space. Spanning approximately 951sqft, the apartment boasts a well-equipped kitchen, a spacious lounge area, two inviting bedrooms one with en-suite bathroom, and one with a shower cubicle and a separate WC, and a useful loft and storage area with ladder access. The apartment is fitted with gas central heating, ensuring warmth and comfort throughout the year, and also benefits from partial double glazing, enhancing energy efficiency. Investors will be pleased to know that the property has a rental income of £1125pcm, with the shop generating £500pcm and the apartment securing £625pcm. This translates into an approximate yield of 6.75%, which promises a strong return on investment. Whether you choose to let the entire property or explore separate rental options for the shop and apartment, this versatile property will maximize your earning potential. Furthermore, the property's commercial shop and apartment have separate Energy Performance Certificates (EPC) for your peace of mind. The shop's EPC is C, while the apartment boasts a rating of C, ensuring eco-friendly and cost-effective living. Don't miss out on this outstanding mixed-use investment opportunity in Wellington, Telford. Contact Mannleys today for more details and to arrange a viewing. Discover the potential and seize a superb potential investment.