Investment property with commercial unit and flat

A fantastic mixed-use residential and commercial investment opportunity located in a prime position in Rotherham. The property comprises a ground floor open-plan shop or office area with a WC, and a top floor one-bedroom flat featuring a bathroom, kitchen, and living area, benefiting from ample storage throughout. The flat is currently tenanted at £560 pcm (£6,720 per annum), producing immediate cash flow, with potential rent of £600 pcm. The commercial unit has a rateable value of £2,500, benefiting from 100% small business relief, and could potentially achieve a combined rent of £1,300 to £1,500 per annum if let, bringing the combined rent potential to £15,600 to £18,000 per annum with excellent high yield potential. There is also potential for the property to be converted to full residential use, subject to gaining the necessary planning permissions. Situated in a prime main street location, the property benefits from good daily footfall and is in close proximity to local amenities. 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, offering improving amenities and long-term growth potential for investors.