MapMixed use for sale
Portfield Road, Newport Pagnell MK16
Mixed use
Features and description
- Tenure: Freehold
- Retail Unit to Ground Floor
- Three Residential Apartments
- Popular Residential Area
- Excellent Road Links
A mixed-use investment opportunity in the heart of Newport Pagnell, one of the most sought-after market towns in the region. This commercial property boasts a prime location within a popular residential area, offering a blend of residential and retail spaces that guarantee steady returns.
The ground floor is a retail unit with use class E and is a spacious retail unit, perfectly positioned to attract foot traffic from both residents and visitors. This retail space generates a reliable monthly income of £650, catering to the diverse needs of the local market.
The property has three residential flats, each achieving a consistent rental income of £875 per calendar month, with the option to extend the current tenancy agreement for a further 3 years. These modern living spaces are in high demand among tenants seeking comfortable accommodation within the vibrant community of Newport Pagnell.
With a combined and potential rental income of £3,275 per calendar month, this commercial property offers a compelling investment proposition for discerning investors seeking stable returns in an attractive market. The diversified income streams from both residential and retail sectors ensure resilience and long-term profitability.
Location
Situated in a highly desirable residential neighbourhood, the property enjoys proximity to essential amenities, schools, and recreational facilities, enhancing its appeal to potential tenants and customers alike. Newport Pagnell is renowned for its bustling market scene and vibrant atmosphere, drawing in crowds of shoppers and tourists throughout the year. This dynamic environment presents abundant opportunities for the retail unit to thrive and flourish.
Seize this exceptional opportunity to acquire a prime commercial property in Newport Pagnell, a town brimming with growth potential and investment opportunities. Whether you're a seasoned investor or a newcomer to the market, this property promises steady returns and enduring value in a thriving community.
Schedule a viewing today to explore the full potential of this lucrative investment opportunity!
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
The ground floor is a retail unit with use class E and is a spacious retail unit, perfectly positioned to attract foot traffic from both residents and visitors. This retail space generates a reliable monthly income of £650, catering to the diverse needs of the local market.
The property has three residential flats, each achieving a consistent rental income of £875 per calendar month, with the option to extend the current tenancy agreement for a further 3 years. These modern living spaces are in high demand among tenants seeking comfortable accommodation within the vibrant community of Newport Pagnell.
With a combined and potential rental income of £3,275 per calendar month, this commercial property offers a compelling investment proposition for discerning investors seeking stable returns in an attractive market. The diversified income streams from both residential and retail sectors ensure resilience and long-term profitability.
Location
Situated in a highly desirable residential neighbourhood, the property enjoys proximity to essential amenities, schools, and recreational facilities, enhancing its appeal to potential tenants and customers alike. Newport Pagnell is renowned for its bustling market scene and vibrant atmosphere, drawing in crowds of shoppers and tourists throughout the year. This dynamic environment presents abundant opportunities for the retail unit to thrive and flourish.
Seize this exceptional opportunity to acquire a prime commercial property in Newport Pagnell, a town brimming with growth potential and investment opportunities. Whether you're a seasoned investor or a newcomer to the market, this property promises steady returns and enduring value in a thriving community.
Schedule a viewing today to explore the full potential of this lucrative investment opportunity!
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
About this agent
MK Property Sales & Lettings - Newport Pagnell
The Old Manse, 73 High Street
Newport Pagnell, Buckinghamshire
MK16 8AB
01908 951330About Us Established in 1992, MK Property stands as a cornerstone of the Newport Pagnell, Milton Keynes, Bletchley, and neighbouring village communities, as well as covering further afield in Northampton, Kettering and Corby. Over the years, we've become more than just an estate agency – we're your trusted partner in every step of your property journey. Our mission is simple yet profound: to redefine the standard of estate agency services. We firmly believe that the industry can be elevated to provide a seamless, stress-free experience for buyers, sellers, landlords, and tenants alike and we continue to raise the bar higher. In our ever-changing digital landscape, we've embraced innovation as a means of achieving this mission. We understand that first impressions matter, and we've harnessed the power of high-tech photography, detailed floor plans, and immersive virtual 3D tours to showcase your property. Through these cutting-edge technologies, we ensure that those stepping through your door are serious and genuinely interested. What truly sets us apart is our commitment to tailored solutions. We recognize that each client has unique priorities and needs. Our dedicated team is passionate about finding the perfect match for your situation, whether you're selling, buying, or renting. We know it only takes one person to make your property journey a success, and we put all our energy into finding that one person for you. In addition to our sales and lettings expertise, we take pride in managing a diverse portfolio of properties. From studio apartments to detached executive and family homes, we've got you covered. Landlords, you can rest easy knowing that we handle all aspects of property management. We'll find suitable tenants, ensure compliance with safety regulations, manage monthly rents, address maintenance issues, and handle any legal requirements – all while maintaining the highest professional standards. Clients of MK Property can have complete confidence that their valuable assets will be managed to the utmost standards at all times. Your peace of mind is our ultimate goal, and we're committed to delivering on that promise. When you choose MK Property, you're choosing a team that's deeply rooted in the community, forward-thinking, and dedicated. Moving home is a roller coaster of emotions and we're here to guide you through the ups and downs. Contact us today to start your property journey with MK Property. Your story matters to us, and we're here to help you in your next chapter.
