Western Road, Southall, Middlesex, UB2

This freehold property presents a distinctive investment opportunity in the heart of Southall, just a short walk from the forthcoming Crossrail station. Comprising a three-story block with nine long-lease two-bedroom flats (not included in this sale) and twelve derelict garages, this site stands on a generous plot that offers significant potential for redevelopment. With planning permissions likely obtainable, there is scope to replace the existing derelict garages with three new two-bedroom mews houses at the rear and possibly add a three-bedroom house at the front. Furthermore, there may be possibilities for land accumulation involving nearby gardens, enhancing the development potential even further. Ground rent income from the existing flats stands at £405 per annum, while some common areas may need attention—a cost which leaseholders can potentially reclaim. Given these factors, this is an intriguing project for seasoned investors or developers looking to expand their portfolio in a growing area.