Summary - 132, PINNER ROAD HA1 4JE
1 bed 1 bath Retail Property (high street)
**Key Features:**
- Prime mixed-use freehold investment
- Ground floor self-contained commercial unit with a new 10-year FRI lease, generating £17,500 PA
- Self-contained three-bedroom flat above, currently let at £1,495 PCM (£17,940 PA)
- Total current income of £35,440 PA
- Rear yard and two off-street parking spaces
- Located on a prominent road with strong rental growth potential
Located at 132 Pinner Road in Harrow, this remarkable mixed-use investment property presents a solid opportunity for investors seeking secure income with substantial growth potential. The ground floor commercial space, with a long-term tenant, is an attractive option for business operation or future capital appreciation, while the three-bedroom flat above delivers steady residential income. The combined annual income of £35,440 reflects a promising return on investment, further enhanced by the potential to increase rents dynamically as market conditions evolve.
With off-street parking and a rear yard, the property accommodates residential amenities alongside commercial facilities, making it particularly appealing in this affluent and well-connected area. Just a short distance from Harrow Town Centre, the property enjoys easy access to public transportation, enhancing its attractiveness to potential tenants. Additionally, the area features high-performing local schools, making it an enticing locale for families and young professionals alike.
However, it’s important to note that the property’s mixed-use nature, while advantageous, comes with a 10-year lease term that may present challenges for mortgage financing depending on your lender's criteria. Ultimately, this investment combines character, location, and the possibility for rental growth in a vibrant community—don’t miss out on this exceptional opportunity!
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