King Street, Saffron Walden
Floorplan & Rooms
Features
Information
Description
A superb opportunity to acquire a prime mixed-use investment in the very heart of Saffron Walden, comprising a freehold commercial shop with four self-contained apartments, all included within the same purchase. Situated in one of Essex’s most desirable and historic market towns, this versatile property offers an excellent opportunity for investors seeking a combination of commercial and residential accommodation in a highly sought-after central location.
The residential accommodation comprises four apartments: two contemporary open-plan studio flats (Flats 1 & 2) and two one-bedroom apartments (Flats 3 & 4). All four flats are currently tenanted, with each benefiting from modern kitchens, stylish bathrooms and well-presented living accommodation. The property is also due to undergo improvement works, including the installation of brand-new windows, further enhancing energy efficiency and overall appeal.
Importantly, the sale includes the ground-floor shop and the freehold of the entire building, alongside all four residential apartments. This provides the purchaser with ownership of the commercial premises, the freehold interest and the residential accommodation, presenting an attractive opportunity to acquire a substantial mixed-use property in a prominent town-centre position.
The shop and four flats currently generate a combined rental income of approximately £57,000 per annum, offering an attractive investment opportunity with an approximate gross yield of 7.5% per annum. This makes the property an appealing proposition for investors seeking a substantial rental income from a mixed-use investment.
Prime Town-Centre Location and Excellent Transport Links
Positioned in the heart of Saffron Walden, the property is ideally placed for the town’s vibrant high street, independent retailers, cafés, restaurants and everyday amenities. The historic market town continues to attract residents and visitors alike, making this an appealing location for both commercial occupiers and residential tenants.
Audley End railway station is a short distance away, providing rail connections to London Liverpool Street and Cambridge. Stansted Airport is also readily accessible, while the M11 offers convenient road links towards London, Cambridge and the wider region.
An excellent opportunity to purchase a freehold mixed-use investment, combining a town-centre shop with four apartments in one of Essex’s most sought-after market towns.
Agents note: Council Tax & EPC will be confirmed once the property is sold and Freehold.
Estate agent
Location
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