Property Details: - Type: End of terrace house - Bedrooms: 3 - Bathrooms: 3
Agent: First for Auctions - National Phone: 01344 527052
A rare opportunity to acquire a freehold mixed use investment on Wey Hill in Haslemere, comprising two commercial units, a one bedroom flat and a two bedroom flat, together with rear access and parking for four cars. The property benefits from multiple established income streams, offering diversification within a single freehold asset.<br/><br/>The commercial units comprise 98 Wey Hill, let on a five year lease from August 2022 at £12,000 per annum and 100 Wey Hill, recently let at £10,800 per annum. The one bedroom flat at 98a is let at £800 pcm and the two bedroom flat at 100a is let at £1,295 pcm, providing a combined current rental income of approximately £47,940 per annum.<br/><br/>The property has benefited from recent improvements including a new roof and replacement windows to the flats. Situated in an established and popular part of Haslemere, Wey Hill provides a range of local shops and amenities, with the town also benefiting from strong commuter links and its proximity to the Surrey Hills.<br/><br/>Offered by auction, the property represents an attractive opportunity for investors seeking an income-producing freehold asset with established tenants, multiple income streams, parking and potential for future rental growth.
