Lafford James says ..

Property Oracle says ..

This property on West Street, Buckingham, presents a unique investment opportunity, combining residential and commercial elements. The building’s Georgian architecture and exposed beams add character, but potential buyers should be prepared for renovation work. The listing’s description highlights its current use as a fully occupied mixed-use investment, generating an 8% gross yield. This indicates a strong potential return for investors.

The photos reveal an inconsistent level of condition. Some rooms are presentable and habitable, but others show wear and tear, including damaged walls, needing updates, and lacking modern amenities. The residential portion appears to offer sufficient living space. However, the absence of information regarding garden space or parking is a significant drawback.

The location on West Street in Buckingham’s town centre offers easy access to local amenities and schools. This central position could also have benefits for the commercial aspect of the property, making it attractive to potential tenants. However, the absence of nearby public transport links is a noteable concern for some buyers. The lack of precise square footage data for both the residential and commercial parts makes a definitive price comparison difficult; however, the list price reflects the higher end of pricing in the area, making it important for prospective buyers to consider the cost of renovation. Considering the required renovations, the potential commercial value, and existing tenancies this property is a mixed use and potentially valuable investment. However, it requires significant consideration and detailed due diligence on behalf of the prospective buyers.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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