Richings Park, SL0

Description

Fine Property is pleased to present this freehold mixed-use investment opportunity in Iver, SL0, comprising a substantial ground-floor commercial unit together with two self-contained 2-bedroom residential flats above.

The property offers an attractive blend of existing residential income and strong commercial rental potential, making it well suited to investors seeking a mixed-use asset with multiple income streams.

The two residential flats are currently producing approximately £1,650 pcm each, providing a combined residential income of £3,300 pcm / £39,600 per annum.

The ground-floor commercial unit offers further rental potential of approximately £42,000 per annum, taking the total potential income to approximately £81,600 per annum.

At the asking price of £1.1 million, this represents an approximate gross potential yield of 7.42%.

The property also benefits from front parking for approximately four vehicles, excellent commercial frontage and flexible accommodation suitable for a variety of occupiers, subject to the relevant consents.

Key Features

• Freehold mixed-use investment

• Ground-floor commercial premises

• Two self-contained 2-bedroom flats

• Residential income: £39,600 per annum

• Potential commercial income: £42,000 per annum

• Total potential income: £81,600 per annum

• Approximate gross potential yield: 7.42%

• Front parking for approximately 4 cars

• Prominent commercial frontage

• Located in Iver, SL0

• Guide Price: £1,000,000

• SPV Sale

An excellent opportunity for investors looking to acquire a freehold commercial and residential asset with strong income-producing potential in a well-connected West London location.

Viewings are strictly by appointment through Fine Property.