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11 bed property

Available

For Sale

Listed Apr 25, 2024

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£2,750,000

Available

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0208 740 9944

By Amber & Co (MGNT) Ltd

Description

" FREEHOLD COMMERCIAL & RESIDENTIAL INVESTMENT

An outstanding opportunity to acquire two freehold end of terrace Victorian buildings, currently configured with 1 x one bed flat, 2 x studio flat and 8 bedsit on the first and second floors, and 2 commercial units on the ground and basement floors, located adjacent to Shepherd s Bush Market underground station.

All residential units are currently leased under Assured Shorthold Tenancies ASTs , and both commercial units are subject to long leases. The property represents a compelling investment, boasting a combined Gross Rental Income of ?206,500 per annum, resulting in a Gross Initial Yield of 7.5%.

The property holds potential for future redevelopment subject to necessary consent and offers opportunities for enhanced yearly rent for both the residential and commercial components.

PLEASE NOTE THAT THE PROPERTY IS PRESENTLY TENANTED, AND THE TENANTS WILL CONTINUE TO OCCUPY IT UPON COMPLETION.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
London Borough Of Hammersmith & Fulham, To Be Confirmed "