No longer on the market
This property is no longer on the market
Floorplan
MapProperty
Property
11 beds
6896
Features and description
- 2 freehold end-of-terrace Victorian buildings
- 1 x one bed flat, 2 x studio flat and 8 bedsit
- 2 commercial units
- An excellent opportunity for buy-to-let investment
- Commercial E and Residential C3
- Gross Internal Area of 6896 Sq Ft / 641 Sq M
- Mixed Use Investment
- Opportunities for development subject to planning permission (STPP)
- High levels of footfall
- Prime Shepherds Bush location
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.
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.
About this agent
Amber & Co is the leading independent, awards winning and highly respected local estate agent in Shepherds Bush, W12. With 20 years’ experience in the business, our mission is to provide a friendly and efficient service to all of our clients. We at Amber & Co believe good, honest communication is the key to having a successful relationship with your estate agents. We are living proof that local knowledge and understanding of the community is far more important than anything else. You, the vendors, landlords, purchasers and tenants are our main priority. We are proud to be members of The Property Ombudsman (T.P.O), the National Association of Estate Agents (NAEA) and The Tenancy Deposit Scheme (TDS). These professional bodies are the industry watchdogs and regulators who actively promote the highest standards of customer service in our industry. We offer our clients the most professional and comprehensive service coupled with highly competitive rates. We are continuously training to the highest standards and offer a comprehensive service tailored to the wide-ranging needs of the vendors, landlords, purchasers and tenants. We are able to offer a unique level of skill, specialization and exceptional level of customer service. This expertise helps to ensure that we can match a vendor to a purchaser to a property, landlord to a tenant and a tenant to a property. We are voted the best estate agent 2017 in Shepherds Bush by British Property Awards and aim to continue to offer our bespoke, good, honest and quality property experience to all our clients. We believe that the depth of our local knowledge in both sales and lettings is unique in the area.# Monday: 9am – 6:30pm Tuesday: 9am – 6:30pm Wednesday: 9am – 6:30pm Thursday: 9am – 6:30pm Friday: 9am – 6:00pm Saturday: 9:30am – 3:00pm Sunday: Prior Appointment Only.