Terraced house

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Terraced house

Northfield, London W13
£749,000

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 investment opportunity presents a rare chance 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. With annual income of £48,120, the property offers a strong rental yield. Additionally, there is potential for further development, subject to planning permission, which could enhance both rental income and capital value. The property is located in a vibrant and highly desirable area, with excellent transport links and surrounded by local amenities, making it an attractive investment opportunity.