Summary - 245, CANN HALL ROAD E11 3NL
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Freehold mixed-use property: ground floor commercial unit and self-contained 2-bedroom flat.
- Total net income: £29,240, with potential for improvement and asset management opportunities.
- Ground floor retail space currently leased at £12,500 per annum, with a rent review in January 2025.
- Residential unit above holding over on an expired AST, generating £1,395pcm.
- Prime location: 19-minute walk to Forest Gate station with Elizabeth Line access, close to schools and parks.
**Summary:**
Discover a promising investment opportunity with this mixed-use freehold property on Cann Hall Road, situated in a vibrant urban area. The ground floor commercial unit offers strong rental income with emerging potential, ideally positioned along a busy thoroughfare. The self-contained two-bedroom flat above holds untapped value, making it the perfect canvas for refurbishment and rent optimization.
While the property requires some renovation, the substantial 1,346 sq ft total area and small rear yard present ample possibilities for enhancement or reconfiguration. Located opposite Buxton School and within easy reach of amenities and transport links, this property is particularly appealing to young families or investors seeking to capitalize on the growing local market.
Don’t miss out on this unique chance to shape a multi-functional space that stands out in a rapidly evolving neighborhood—an ideal investment for those with vision and ambition.
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