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£249,950

(£137/sq. ft)

2 bed town house for sale
South Street, Hucknall NG15

    • 2 beds

    • 3 baths

    • 3 receptions

    • 1,821 sq. ft

  • EPC Rating: C

  • Freehold

Tristram's Sales & Lettings

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About this property

  • Tenure: Freehold mixed use building with commercial and residential income

  • Income: Producing £1950 per month in rent

  • Yield: Gross yield of eight point five two percent based on asking price

  • Composition: Three established income streams within one freehold title

  • Commercial: Ground floor café with prominent frontage and established trade

  • Residential: Two self contained flats arranged across two floors each

  • Interior: Modern finishes with strong appeal for long term tenants

  • Access: Independent entrances for commercial and both residential units

  • Location: Close to shops, amenities, tram and train links

  • Potential: Scope for future rental growth to strengthen returns

This freehold mixed-use building offers a strong and established return, currently producing £1,950 per calendar month, equating to a gross yield of 9.36% based on the current asking price. With a commercial tenancy in place and two self-contained residential apartments, the building provides secure income across both sectors, making it an attractive opportunity for portfolio investors and income-driven buyers.

South Street sits in the heart of Hucknall, a popular and well-connected town with a strong rental market and consistent buyer demand. The property is ideally placed for local businesses, commuters and residents, offering easy access to a wide range of everyday amenities including supermarkets, independent shops, cafés, takeaways and pubs.

Property summary This freehold mixed-use building offers a strong and established return, currently producing £1,950 per calendar month, equating to a gross yield of 9.36% based on the current asking price. With a commercial tenancy in place and two self-contained residential apartments, the building provides secure income across both sectors, making it an attractive opportunity for portfolio investors and income-driven buyers.

The ground floor comprises a long-standing café with a generous shopfront, customer seating area, WC and a fully equipped commercial kitchen with preparation space, multiple appliances, storage and extraction. The layout is practical, functional and well-suited to continued food service or alternative commercial uses. This level has its own access and occupies the full frontage of the building.

Above the commercial space are two independent residential apartments arranged over two floors each.
Flat 16 (pictured vacant) offers a bright and spacious living room with polished wooden flooring, a modern fitted kitchen with good natural light, utility space, a double bedroom and a contemporary shower room with a separate walk-in cubicle, pedestal basin and WC. The flat has recently been refreshed in neutral décor, giving it a clean and modern finish ready for immediate occupation or re-letting.

The second flat is currently let and features a well-proportioned lounge, fitted kitchen, double bedroom and bathroom, with practical storage and comfortable room layouts that appeal to long-term tenants.

Externally, the building presents well, constructed in attractive stone with independent access doors to each unit, a shared courtyard area and service points positioned to the rear. Meter boxes and entry points are neatly arranged, and the building has a traditional and solid feel from the outside.

With established income streams, well-proportioned accommodation and a balanced mix of commercial and residential return, this is a turnkey investment with an attractive yield profile, future rental growth potential and flexibility for ongoing use or repositioning.

Location summary South Street sits in the heart of Hucknall, a popular and well-connected town with a strong rental market and consistent buyer demand. The property is ideally placed for local businesses, commuters and residents, offering easy access to a wide range of everyday amenities including supermarkets, independent shops, cafés, takeaways and pubs.

Hucknall benefits from excellent public transport links. The tram and train station are only a short walk away, providing direct routes into Nottingham city centre, Mansfield and surrounding areas, making the location particularly appealing to tenants who travel for work. Regular bus services also run through the area.

For drivers, the property offers straightforward access to the A611 and A610, connecting to Junction 26 of the M1 and wider motorway network. This convenience supports both residential occupants and commercial trade.

The town continues to see development and investment, with new housing, retail and infrastructure improvements contributing to long-term growth and stable rental demand. Hucknall's mix of employment opportunities, commuter routes, schools and local leisure attractions makes it a proven and reliable area for buy-to-let investors.

Ground floor commercial unit The ground floor is occupied by a long established café with its own private street entrance and a wide shop frontage that offers strong visibility to passing foot traffic. Inside, the dining area provides seating space and enjoys natural light from the front elevation, creating a practical layout for daily trade. The servery connects through to a fully equipped commercial kitchen with preparation areas, cooking stations, extraction and storage. Staff facilities and a WC are located at the rear. This level continues to produce a stable commercial income and forms one of the three rental streams within the building.

Apartment 1 The second flat also spans two levels and benefits from its own private entrance. The lounge is well proportioned with wooden flooring and a comfortable layout. The fitted kitchen includes an oven, hob and generous work surface space. The double bedroom provides practical living space, and the bathroom is arranged with shower facilities and a modern white suite. The tenant in situ has been long standing, ensuring ongoing rental continuity without void periods and offering a straightforward, hands-off investment.

Apartment 2 Flat 16 is accessed independently from the rear courtyard and extends across two levels. The living room features polished wooden flooring, a neutral finish and a large window that brings in good natural light. The fitted kitchen includes wall and base units, surface space for appliances and pleasant rear outlooks, with a small utility area providing additional plumbing and storage. The bathroom has a modern presentation with a corner shower, WC and pedestal basin. The layout is well planned, the rooms are comfortably proportioned, and the contemporary finish ensures strong appeal for long term rental demand.

Free property valuation Why Choose Tristram's?

- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.

- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!

What We Offer:

- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.

- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.

- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!

Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality!

Disclaimer Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.

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More information

  • Tenure

    Freehold

  • Council tax band

    A

See all recent sales in NG15

Property descriptions and related information displayed on this page are marketing materials provided by - Tristram's Sales & Lettings. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Tristram's Sales & Lettings for full details and further information.