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0 bed property
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Our Summary
- With an estimated rental income of approximately £2,500 per month, the unit offers strong trading potential for an owner-operator or stable income for an investor
- While no planning permission is currently in place, neighbouring properties of similar layout have successfully extended the existing accommodation and, in some cases, developed additional units to the rear (subject to the usual consents)
- Beyond its immediate income profile, the property offers multiple exit strategies: An ideal opportunity for an owner-occupier wishing to trade from the premises, an investor seeking steady yield in a strong trading location, or a developer looking to enhance and unlock further value
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Description
The property is a freehold mixed-use property on Romford Road High Street, consisting of a ground floor commercial unit of approximately 50 sqm with a strong frontage and heavy daily footfall, as well as a separately accessed two-bedroom flat with modern kitchen, bathroom, and 100 sqm private garden. The commercial unit has a rentable income of approximately £2,500 per month, while the residential flat has been recently refurbished and has potential for further development, such as extensions or additional units to the rear (subject to necessary consents). The property combines to generate a combined rental income of approximately £4,500 per month.