Summary - Nomico Electrical,817 Dagenham Road,DAGENHAM,RM10 7UP RM10 7UP
1 bed 1 bath Commercial Property
**Standout Features:**
- Freehold investment opportunity
- Prominent position on Dagenham Road
- Commercial shop/office space with a three-bedroom flat above
- 5.22% yield at the asking price (£425,000)
- Current passing rent of £22,200 with potential for increase
- Garden and forecourt included
- Chain-free sale for a quick transaction
**Potential Concerns:**
- Above-average crime rate in the area
- Requires cleaning and maintenance in the office space
This freehold investment combines business and residential potential in a sought-after area of Dagenham. Featuring a shop/office below and a spacious three-bedroom flat above, this property is perfect for investors looking to benefit from steady rental income. With a competitive yield of 5.22% at the asking price and current rents poised for an increase, this opportunity is especially appealing as freeholds are scarce in the market.
The property boasts a welcoming reception area and office space, complemented by direct access to a garden—ideal for outdoor breaks or future improvements. Situated near essential amenities, including schools rated 'Good' by Ofsted, and positioned for foot traffic, this location is perfect for a savvy investor or a family seeking dual occupancy options.
However, be aware of the above-average crime rate and the need for some cleaning and maintenance in the office area. Don't miss this exclusive chance for a legitimate investment with the comfort of a home above; properties like this don’t linger on the market for long! Act now to unlock the potential in this mixed-use space.
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