Summary - 458, ROMAN ROAD E3 5LU
3 bed 1 bath Residential Development
**Standout Features:**
- Freehold building on busy Roman Road, E3
- Total area: 2,100 sq ft with 3 bedrooms and 1 bathroom
- Planning permission granted to convert the existing space into a 2-bedroom flat
- Currently generating rental income of £22,000 P/A from a standard AST
- Excellent mobile signal and fast broadband access
- Close to outstanding primary and secondary schools
- Mixed-use investment opportunity with potential for further development
This spacious freehold property represents a rare opportunity for investors and developers alike. Located in the vibrant E3 postcode, the building features a modern kitchen and a Victorian façade that offers both charm and utility. A thriving commercial unit currently occupied by an estate agent and a sizable upstairs flat ensure consistent rental returns, while granted planning permission paves the way for expansion into a 2-bedroom dwelling, enhancing future value.
Despite its great location and rental potential, it's important to note that the area has an above-average crime rate, which may concern some buyers. However, the local amenities—ranging from cafes and health services to schools with outstanding ratings—provide a bustling environment. The current plot size is small but offers sufficient potential for renovations and enhancements. This property is priced competitively at £795,000 and could cater to a variety of audiences, from families seeking an investment to developers aiming to capitalize on the existing permissions. Don’t miss this chance to secure a versatile space in a prominent urban locale—opportunities like this don’t last long!
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