Summary - New Road, Gravesend, Kent, DA11 DA11 0AA
3 bed 1 bath Commercial Property
**Standout Features:**
- **Mixed-use investment** with both retail and residential units
- **Retail income** of £26,000 per annum, plus **£31,500** from three 1-bedroom flats
- **Recently renovated** (2020), ensuring modern standards across all units
- Prime location in **Gravesend**, opposite Thamesgate Shopping Centre
- High foot traffic area with proximity to key retailers and transport links
- **Decent plot size** with communal entrance and rear yard
**Potential Concerns:**
- Situated in an area with **very high crime rates**
- Local deprivation may impact long-term property value
This mixed-use investment property offers an exciting opportunity for investors looking to capitalize on both retail and residential income streams. The ground floor features a standard-sized retail space with high visibility, complemented by three well-maintained 1-bedroom flats above, generating a total yield of £57,500 annually. Completed renovation just a few years ago means both residential and commercial units are in excellent condition.
Nestled in a bustling urban environment, the location benefits from nearby shopping amenities and public transportation, with Central London reachable in just 30 minutes. This property stands out as a unique investment, perfect for those seeking future flexibility for further renovations or extensions. While the area experiences high crime rates and some level of deprivation, its vibrant local culture and connectivity to larger urban centers can enhance its appeal to tenants and shoppers alike. Act quickly—opportunities in such prime locations do not last long!
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