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13 Stratford Rd 2,351 sq ft Retail Property Milton Keynes MK12 5LJ £695,000 (£295.62/sq ft) 5.58% Net Initial Yield
Investment Highlights
- Rare town centre investment opportunity
- Fully income-producing asset (dual income streams)
- Prominent frontage on busy thoroughfare
- Potential for residential extension / development
Executive Summary
This is a rare town centre mixed-use investment opportunity in Wolverton, comprising a fully let retail unit and a three-bedroom residential apartment above. The retail unit is secured on a 20-year FRI lease from 2021, providing long-term income stability, while the residential unit is let on an AST generating additional income. The property benefits from a prominent high street frontage and potential for residential extension or redevelopment, making it attractive for both investors and developers seeking asset management or value-add opportunities.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,351 sq ft
Costar Property Class
C
Year Built
1860
Price
£695,000
Price per sq ft
£295.62
Yield
5.58%
NOI
£38,800
Tenancy
Single
Number of Floors
1
Frontage
21 ft on Stratford Road
Amenities
- Signage
1 1
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
13 Stratford Rd
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