Book a Viewing
To book a viewing for this property, please call Tim Russ and Company, on 01844 217722.
To book a viewing for this property, please call Tim Russ and Company, on 01844 217722.
3 Bedroom Terraced House, Upper High Street, Thame, OX9
Upper High Street, Thame, OX9
Tim Russ and Company
Tim Russ & Co, 112 High Street
Description
An exceptional freehold investment opportunity in the heart of the picturesque market town, offering a rare mixed-use asset comprising a well-presented three-bedroom period residence together with an established ground floor commercial unit.
The investment could potentially generate a combined gross annual income of approximately £35,300 per annum, making it an attractive proposition for investors seeking long-term, stable returns, including those considering pension-backed investment strategies (subject to individual eligibility and advice).
The ground floor commercial premises is currently occupied as a successful nail salon, producing an income of £12,500 per annum, with a lease in place until 2034, providing excellent security of income. The spacious three-bedroom residential accommodation is estimated to achieve approximately £1,900 PCM, offering strong additional yield potential.
Dating from before 1900, the residential property is full of character and charm, featuring exposed beams throughout and generously proportioned accommodation. Recent improvements include tasteful decorative upgrades, new carpets, and a newly fitted kitchen, ensuring the property is ready for immediate occupation or letting.
Additional features include a useful cellar accessed from the sitting room, incorporating an original bread oven and providing excellent storage space.
Of particular interest to investors is the substantial further potential offered by the two-storey studio located to the rear of the property. Currently accessible both externally and via the bathroom adjoining bathroom off bedroom three, this area offers scope for reconfiguration and could potentially be separated from the main house to create an additional income-generating unit, subject to any necessary consents.
A versatile and income-producing freehold asset in a highly desirable central location, combining immediate returns with future development and value-add potential.
Key Features
- Rare mixed-use freehold investment in the heart of the picturesque market town
- Three-bedroom period residence plus established ground floor commercial unit
- Potential combined gross income of approximately £35,300 per annum
- Commercial unit let as a successful nail salon at £12,500 PA until 2034
- Residential accommodation estimated to achieve approximately £1,900 PCM
- Character property with exposed beams, new carpets, and recently fitted kitchen
- Useful cellar with original bread oven and excellent storage space
- Two-storey rear studio offering further development and income potential (STPP)
Property Details
- Property type: House
- Property style: Terraced
- Price Per Sq Foot: £345
- Approx Sq Feet: 2,100 sqft
- Plot Sq Feet: 2,465 sqft
- Council Tax Band: B
Floorplans
Parking Spaces
On street
Capacity: 1
Location
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