Tiara Hairstylist Muglet Lane, Maltby, S66 7NA

• PRIME NEW ENTRY. We are excited to present this fantastic mixed use investment opportunity. Spacious 1 bedroom flat and commercial unit, located within a prime location in Rotherham. 

• For rental purposes, the flat is currently tenanted at £560 p/m (£6,720 p/a). Property could potentially achieve a combined rent of £1,300-£1,500 per annum if commercial unit is let. Excellent high yield potential. 

• Property is ready to let / occupy. Perfect for investors looking for affordable mixed use investment opportunity or business owners looking for a spacious unit to occupy.

• Commercial unit has a rateable value of £2,500, benefiting from 100% small business relief.

• Property is situated in a prime main street location, benefiting from good daily footfall and is in close proximity to local amenities.

NEW ENTRY. Fantastic mixed use residential & commercial investment opportunity, located within a prime location in Rotherham. 

Property Comprises:ground floor comprises an open-plan shop or office area with a WC. Top Floor: 1 bedroom flat, Bathroom, kitchen , living area. Property benefits from ample storage throughout.

Sure to appeal to investors looking for an excellent mixed use investment opportunity with tenant in situ, producing immediate cash flow.

**Flat currently tenanted at £560 pcm. Potential rent £600 pcm**

Potential for property to be converted to full residential use, subject to gaining necessary planning permissions

Combined rent potential of £15,600 - £18,000 per annum. Excellent yield potential.

The property is located in a prime main street location, attracting large daily footfall - **PRIME LOCATION**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location

Rotherham is an increasingly attractive place to live and invest, combining relatively affordable housing with excellent access to Sheffield, the wider South Yorkshire economy and major transport routes. The area is undergoing substantial regeneration, with new homes, town-centre investment and plans for Rotherham Gateway Station helping to improve connectivity and unlock development. Its growing advanced-manufacturing and technology economy, alongside the wider Don Valley Corridor investment programme, is expected to bring significant new jobs, homes and private investment. For residents, that means improving amenities, employment opportunities and connectivity, while investors are attracted by the combination of affordability, regeneration and long-term growth potential.