Initial price	£118,000
18/12/25	£105,000
Price Change	-11.02%

This vacant commercial property, currently used as a dance studio, is being sold by online auction on January 21st, 2026, unless sold prior. The freehold property offers a unique opportunity to convert it into two two-bedroom flats, subject to planning permission. The property features two spacious studios, two toilets, a kitchen, and storage areas, with a flexible layout that can be reconfigured to suit the new use. The sale includes the freehold of the entire building, including the commercial units below, and benefits from access via the front staircase and external space to the rear. With two-bedroom apartments in the area being highly sought after, this property has strong potential for development and rental income, with projected annual rental income of approximately £20,000-£22,000 and a gross yield of around 9%.