Property

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Property

Northfield, London W13
£685,000

Our Summary

  • For sale – investment opportunity
  • Freehold Mixed-Use Investment with Development Potential
  • This attractive investment comprises three income-generating units with further development potential (STPP)
  • Development Potential:
  • There is scope to create an additional flat on the top floor or extend the existing residential accommodation, subject to obtaining the necessary planning consents from the local authority
  • Potential for future development (STPP)

Description

This is a rare investment opportunity to acquire a freehold mixed-use property in West London's sought-after Northfields Avenue. The property comprises three income-generating units, including a two-bedroom flat, a studio flat, and a commercial unit occupied by a long-standing barber business. The property has been let for 60 years and has a strong rental history, generating an annual income of £48,120. With development potential, the property could be extended or an additional flat created on the top floor, subject to planning consents. The location is ideal, with excellent transport links and a vibrant mix of shops, cafes, and local amenities. This is a unique chance to acquire a freehold property with potential for future growth and income generation.