Detached house for sale

Bridge Street, Andover

Guide Price £695,000

Property Description

Key features

  • FREEHOLD
  • Planning for 6 flats applied for
  • Development Opportunity
  • Town Centre Location
  • Mixed Use
  • Rental Income: £51,100
  • Rental Potential: £84,000
  • Both Commercial Properties LET

Full description

Belvoir Commercial bring to the market the Freehold of this mixed-use grade 2 listed property presently split into 2 commercial units, offices above and a 3 bed flat on the top floor (presently achieving £9600pa). Planning permission has been applied for, for the conversion of the upper floors (and an extension to the rear) into a total of 6 residential flats.

The property is presently achieving an annual rental income of £47,100 (6.78% yield), but if the conversion took place, this would increase to circa £84,000 once the flats were completed and rented.

This would be a fantastic opportunity for a developer to acquire a property with much of the planning work under way already.

For more information or to book an internal viewing, please contact the commercial team to arrange.

More information from this agent

Listing History

Added on Rightmove:
11 February 2016

Nearest station

  • Andover (0.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Belvoir, Andover Sales

18 Bridge Street Andover SP10 1BH

01264 570002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Andover (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Belvoir, Andover Sales

18 Bridge Street Andover SP10 1BH

01264 570002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 6466725. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir, Andover Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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