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2 bedroom terraced house for sale
York Street, London, TW1
£1,100,000
York Street, London, TW1
£1,100,000
Our Summary
- Dexters are delighted to introduce a mixed-used investment opportunity, located in the heart of Twickenham, Greater London TW1
- ) The property is currently let on an Assured Shorthold Tenancy achieving £23,400 per annum, in our view the property could benefit from a light refurbishment increasing the potential rental value to £25,200 per annum
- Mixed-Use Investment Opportunity
Description
This mixed-use investment opportunity in Twickenham, Greater London, comprises a commercial/retail unit on the ground and lower ground floors, as well as two self-contained residential flats. The commercial unit, currently vacant, has a new tenant lined up with an agreed annual rent of £28,000, while Flat A, a three-bedroom property, is let for £23,400 per annum and has potential for a light refurbishment to increase its rental value. Flat B, a one-bedroom property, is also let for £16,200 per annum. The property will be sold with the tenants in situ, offering a combined current rental income of £67,600 per annum, with a potential estimated rental value of £68,400 per annum. The sale includes the unbroken freehold title, with a total area of approximately 2,679 square feet.