Portfolio of Residential and commercial units.
4 x Commercial Units
2x Residential (Studio and two bed maisonette)
2 x Shops with WCs.
1x Long Leasehold Sold ( Maisonette) Ground Rent Income.
Fully tenanted investment (apart of 1 empty shop)
Potential Annual income of £82,800 P.A.
Further development opportunity (STPP, Flat Conversion )
Great Rental Yield, from existing rental agreements.
Property Hub is pleased to market a very sought-after Mix-Use Property that comes with great opportunity for investment in the Harrow Town Centre, Harrow-On-the-Hill, HA1 area. The property benefits with two large shops (one let, one comes with empty possession), four running commercial units paying good rents, one large studio let on AST, 2 double bedrooms first floor maisonette let on AST and one double bedroom flat sold on a long leasehold ( 125 years from 24 June 1994). This property has got huge potential for further development (STPP) and it can be a good choice for developers to add. on their portfolio. The property is a short 5 minute walk from Harrow on the Hill Station, Harrow Bus Stop, stone throw away from the Harrow Town Centre which offers numerous amenities. This property comes with a gated parking (courtyard), and is situated next to St. Anns/St. Georges shopping centre.
A current rental yield itself is quite good, as well as further development potential after liaising with Harrow Council for planning permission.
Address: Springfield Road, Harrow, HA1 1QF
Guide Price: £ 1,450,000 // Freehold // Prime location // Ideal investment
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