High‑yield mixed‑use with refurbishment upside near Willesden Junction.
Freehold mixed‑use building, 3,593 sqft total
This freehold mixed‑use building on Craven Park Road, NW10, offers 3,593 sqft of income‑producing space including a ground‑floor commercial shop (approx. 1,100 sqft) and five self‑contained flats (mix of studios and 1–2 beds). Current rental income is circa £120,000 pa, making it immediately cash‑positive for an investor seeking hands‑off returns or short‑term yield improvement through refurbishment.
Located close to Willesden Junction with strong bus links, nearby schools and high street amenities, the property benefits from excellent broadband and mobile signal—important for lettings and commercial tenants. The parade frontage provides good street visibility for the retail unit and consistent footfall from a busy inner‑city catchment.
The building is presented as functional rather than newly refurbished, offering clear scope for reconfiguration or upgrade to increase rents and capital value. There is no private external amenity space. The surrounding area is inner‑city and classified as deprived with a higher crime rate; these market factors affect tenant profiles and may influence rental strategy.
Suitable for investors or small developers comfortable with a short‑to‑medium term refurbishment plan, the property is offered freehold and presents a tangible opportunity to grow income through targeted improvements or laddered leases.
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