**Standout Features:**
- Mixed-use freehold with existing commercial unit
- Planning consent for additional 2 x 1-bedroom apartments
- Current rental income of £39,000 per annum
- Estimated rental value post-development: £114,200 per annum
- Close proximity to West Kensington underground station
- Ideally situated amidst vibrant local amenities
Located in the bustling North End Road of West Kensington, this expansive mixed-use freehold property presents an exceptional investment or development opportunity. The unique layout includes a ground floor commercial unit and a spacious studio apartment, making it an attractive proposition for savvy investors or developers. With planning consent in place for the conversion of the property into two additional one-bedroom apartments, the potential for increasing rental income is vast.
Currently generating a rental income of £39,000 per year, the estimated future rental value upon completion of the residential development is projected to soar to £114,200 annually. The property is conveniently located just a short walk from West Kensington underground station, connecting you directly to central London and beyond. Surrounding amenities make it appealing to young professionals, creating an excellent market for renters.
While the area is described favorably, prospective buyers should note that the property may require some updating to maximize its potential. Nonetheless, the blend of urban living, accessibility, and future development options positions this listing as a valuable opportunity not to be missed. Don’t delay in exploring this property—seize the chance to expand your investment portfolio in a steadily growing area.
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