Initial price	£170,000
20/03/25	£160,000
Price Change	-5.88%

This mixed-use investment property is located in a popular area near the Royal Naval Base in Devonport and is up for sale by unconditional livestream auction on March 25th, 2025. The property comprises a commercial shop on the ground floor, currently rented on a 4-year lease, and a four-bedroom house above, which is multi-let and generates an income of £28,800 per annum. The shop has a rental income of £500 per month, while the four bedrooms above are tenanted, with three rooms returning an income of £1,445 per month and a fourth room currently vacant but being advertised at £455 per month. The property offers a significant investment opportunity with potential returns of £28,800 per annum on full occupancy. Viewings can be arranged through Auction House South West.