Summary -
10a Porters Avenue,DAGENHAM,RM8 2AQ
RM8 2AQ
1 bed 1 bath Commercial Property
**Standout Features:**
- Freehold Mixed-Use Property
- Ground floor retail space (538 sq ft) with convenience store tenant
- Four-bedroom split-level flat (approx. 732 sq ft) above
- Current rental income of £34,828 per annum
- Excellent yield potential (6.3% at lower guide price)
- Rear access for loading and storage
**Property Summary:**
Unlock the potential of this impressive freehold investment, located in a vibrant urban area, ideal for both families and investors. This mixed-use property features a well-established convenience store tenant, providing a steady income stream, complete with a 15-year lease. Above, the spacious four-bedroom split-level flat offers comfortable living space, perfect for families or rental income—providing options for diverse occupants.
With excellent mobile signal and fast broadband speeds, this location is perfect for today’s commuters and young families looking for a community-oriented environment. Nearby, you'll find several 'Good' rated schools, enhancing the property's appeal to family-oriented tenants. While the commercial space is ready for business, the flat offers future renovation potential—an opportunity to enhance value or customize according to personal taste.
However, be aware that the property may require some maintenance attention. The low ceiling heights in the commercial unit and the cluttered basement storage space are factors to consider for potential reconfiguration. Priced at £550,000 to £575,000, this unique investment opportunity won't last long in such a desirable market. Don't miss your chance to acquire a property with substantial rental potential and future growth possibilities—contact our commercial team today!
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