3 bedroom duplex for sale

Mixed-Use Freehold Investment Opportunity | Franciscan Rd, London, SW17 Offers in Excess of 1,200,000 An exceptional opportunity to acquire a high-yielding, mixed-use freehold property in a prime South West London location. This mid-terrace building comprises a ground-floor commercial unit and two self-contained residential apartments, producing a substantial total income of 63,300 per annum, reflecting a gross initial yield of 5.27%. Investment Summary Total Annual Income: 63,300 Commercial Income: 19,500 p.a. Residential Income: 43,800 p.a. Tenure: Freehold Chain Position: Chain Free The Property Commercial Unit (Ground Floor): Currently trading as a builders' office, the ground floor is let on a fresh Full Repairing and Insuring (FRI) lease for a term of 10 years. Rental Income: 19,500 per annum. Residential Accommodation (Upper Floors): Comprising two well-presented flats currently let on 12-month Assured Shorthold Tenancy (AST) agreements. Flat 1: Achieves 1,650 pcm (19,800 p.a.) and benefits from a private rear garden. Flat 2: Achieves 2,000 pcm (24,000 p.a.). Flexibility: Vacant possession of the residential units can be provided upon completion if required. Key Features Mixed-Use Asset: Diversified income stream from both commercial and residential sectors. Prime Condition: 1,245 sq ft of well-maintained space featuring central heating throughout. Outdoor Space: Rare private garden at the rear of Flat 1. Low Maintenance: Ground floor let on FRI terms, ensuring minimal landlord expenditure. Location: Situated in a high-footfall area with excellent local amenities and transport links. Technical Details Council Tax: Band C (Residential units). Property Size: Approx. 1,245 sq ft. Possession: Currently tenanted (Multiple tenancies). Buyer’s Note: The purchaser is to cover the seller's legal costs and disbursements in this transaction. This is a rare, high-income-producing asset ideal for portfolio investors. Viewing is highly recommended-contact us today.