Summary - 621a, Romford Road, LONDON E12 5AD
3 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime location on Romford Road (A118) with high visibility
- Mixed-use property with fully let commercial premises and a three-bedroom residential maisonette
- Strong investment yield of 7.55% with total combined income of £47,800 p.a.
- Convenient access to Woodgrange Park and Manor Park Stations
- Additional rear extension utilized as a workshop
**Summary:**
Discover a prime investment opportunity in this extensive mixed-use property located at 621/621a Romford Road, London E12. With a robust gross yield of 7.55% and a total revenue of £47,800 annually, this fully leased space includes bustling commercial premises on the ground and lower levels, complemented by a three-bedroom maisonette above. The separate entrance allows for privacy, making it ideal for family living or rental potential.
Investors will appreciate the successful tenant profile, with a long-term commercial lease and excellent rental income from the residential unit. The space's large footprint and additional rear workshop extension enhance versatility and allow for numerous future uses or renovations.
While the area has a high crime rate and is classified as deprived, its vibrant, community-centric attributes provide an appealing draw for young families and students. Located within easy reach of transport links and a wealth of local amenities, this property offers convenience and accessibility for both residents and customers. Don’t miss an opportunity to secure this lucrative investment that promises both stability and growth potential in a transforming neighborhood.
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