2 bedroom terraced house for sale

Guide Price £290,000 Plus Fees
For sale by unconditional online auction, registration is now open. Bidding opens on 29/04/2026 10:00 and ends on 29/04/2026 14:05.

For Sale by Online Auction on 29 April 2026
FREEHOLD Commercial Mixed Use
Total Income is £26,400pa - 9.1% yield from the guide price
Pizza Takeaway Ground Floor
2 Bedroom Flat First Floor
4 Parking Spaces
CLOSE TO TOWN, STATION & BEACH
PRIME POSITION

Freehold Mixed-Use Investment Opportunity, comprising a self-contained two-bedroom flat to the first floor with private rear terrace, above popular pizza takeaway occupying the ground floor. Both units are individually let to established tenants. Total income is £26,400 pa which is a 9.1% yield from the guide price
The property has recently undergone a full refurbishment, including new external render and compliance with current building regulations, ensuring a modern, well presented investment requiring minimal immediate expenditure.
The accommodation comprises:
Fully fitted Pizza Takeaway, including customer service area, kitchen/preparation space, storage, and staff facilities.
Let to a well-established tenant operating a successful local business.
The commercial interior maintenance is the responsibility of the current tenant.

First Floor - Residential Flat:
Self contained 2 bedroom flat accessed via a separate entrance.
Features a kitchen, lounge, two double bedrooms, and a family bathroom.
Benefits from a private rear terrace.
Internal maintenance of the flat is the responsibility of the landlord.

External Features:
Four private parking spaces to the side of the building, each fitted with bollards.
The spaces offer potential for an additional income stream from local residents or can be allocated to current or future tenants if required.

Tenancy Details:
Residential Flat: Tenanted until May 2026. £1,000 pcm/£12,000 pa
Pizza Takeaway: Tenanted until January 2032. £1,200 pcm/£14,400 pa
Both tenants are on separate leases.

Ideally situated in a central position, the property offers easy access to the town centre, seafront, and train station, making it a highly desirable and convenient location for both residents and businesses. A new housing development directly to the rear of the property further enhances its appeal, increasing local footfall and future demand for both residential and commercial space in the area.

Tenure
Freehold

Terms

Legal Pack

To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.

Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.