block of flats for sale

RECENTLY REDUCED | Mixed-Use Freehold Investment | 85,800 PA Income | 8.58% Gross Yield Ground Floor Commercial, and 4 bedsits/studio Recently reduced for a prompt sale, this is an attractive income-producing mixed-use freehold investment on Wandsworth High Street, generating approximately 85,800 per annum, equating to a gross yield of approximately 8.58% at the revised guide price. The property comprises a ground-floor commercial unit with residential accommodation above, currently arranged as four bedsit-style units, providing a strong and established rental income. Current Income: * Residential: 67,800 pa * Commercial: 18,000 pa * Total: 85,800 pa * Gross Yield: 8.58% * Price: OIRO 1,000,000 – Recently Reduced The vendors have recently reduced the price to facilitate a timely sale, presenting an opportunity for an investor to acquire a high-yielding London freehold at a substantially improved entry level. Beyond the existing income, the property also presents an interesting capital uplift opportunity through future loft conversion, asset optimisation and potential title restructuring, subject to the necessary legal, planning and regulatory consents. Key Investment Highlights - Freehold - Newly refurbished and renovated 4 x residential bedsit/studio units. New plumbing and new wiring through out. - Ground-floor commercial element - Income producing from day one - Single freehold offering potential future asset optimisation - Potential title-split/value-enhancement opportunity, subject to necessary consents - Well-positioned on Wandsworth High Street An attractive proposition for investors seeking a combination of strong existing income and longer-term capital growth potential in London. Viewings strictly by appointment through HAUSIT Lettings & Sales. 📞