Summary - 431, BECONTREE AVENUE RM8 3UH
3 bed 1 bath Commercial Property
**Standout Features:**
- Mixed-use building with commercial and residential spaces
- Ground floor leased to established takeaway 'Milano Pizza'
- 3/4 bedroom maisonette spread over the first and second floors
- Prime location on Becontree Avenue, near Chadwell Heath Station
- Total size: 1,505 sq ft, with the potential for rental growth
- On-street parking available
**Concerns:**
- Lease has 11 years remaining, which may limit financing options for buyers
- Property requires maintenance due to roof issues and general condition
- Above-average crime rates in the area
- Deprivation level in the local area is high
**Summary Description:**
Discover a promising investment opportunity with this mixed-use building located at the heart of Becontree Avenue. Currently operating as ‘Milano Pizza’, the ground floor presents a solid commercial use, while a self-contained 3/4 bedroom maisonette on the upper levels offers spacious living. With a total area of 1,505 sq ft, this property boasts a traditional Victorian façade and is part of a vibrant neighborhood parade of shops that draws consistent foot traffic.
Although the property shows signs of wear and requires some maintenance, including roof repairs, it represents a unique chance for savvy investors or families looking to capitalize on an under-rented commercial space and establish their residence above. The nearby Chadwell Heath Station ensures excellent transport links, enhancing its rental attractiveness.
Potential buyers should be mindful of the high crime rates and area deprivation, but with good local schools and fast broadband connectivity, this property has everything needed for future growth and comfort. Don't miss out on this exclusive opportunity for property development or investment in a dynamic urban setting!
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