Property Auction Success Story – Mixed-use investment on Broadway, Upminster

Exploring investment potential: retail with residential unit selling for £299,000.

In this video, we discuss the sale of a property at Broadway in Upminster, identified as lot number 11 from our June catalogue.

The property featured a retail unit on the ground floor, with a flat above and leased to a single tenant which offered a unique potential for re-gearing the existing lease or selling off the flat separately.

Listed at a guide price of £200,000 the property sold for an impressive £299,000 – 49% higher – highlighting its appeal to prospective bidders.