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Spring Grove Road, Hounslow, TW3 - Image 1
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Spring Grove Road, Hounslow, TW3

London

£269,950
Listed on 06/03/2024

Property Details

Bedrooms
N/A
Type
Detached house
Area
298 sqft

Description

This commercial property represents a compelling opportunity for entrepreneurs and investors looking to make their mark in a vibrant community. Ideally located in an area with strong foot traffic, the space features a thoughtfully designed shop floor that creates an open and inviting atmosphere for customers. The addition of a store room enhances the property's functionality, providing essential storage for inventory or equipment. A conveniently placed WC adds to the overall utility of the space. Access to the rear of the property allows for efficient logistical operations, making it easier to manage deliveries and services. Moreover, there is significant potential for renovation or expansion, subject to planning permission (STPP), which offers new owners the chance to tailor the layout or add additional features according to their business needs. The property’s proximity to Hounslow East Station is another advantage, facilitating excellent transport links that attract both customers and employees alike. With convenient pay-and-display parking options nearby, accessibility is further enhanced, encouraging increased footfall. With its blend of location benefits and versatile space, this commercial property stands out as a valuable investment opportunity. Whether you’re aiming to launch a new business venture or expand your existing operations, this space provides ample potential for growth and customization.

Investment Analysis

(TW3 area)

Above Market Value

This property is priced +73.5% above area average per sq ft

+73.5%
This Property
£906/sq ft
Area Average
£522/sq ft
Avg Rent (weekly)
£400
Avg Yield
5.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £25,000
Target Value
£171,144
10% above area average per sq ft
Potential ROI
-42.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TW3)

Area prices are falling by +7.1% over the last 12 months
3 year growth: -2.0%
5 year growth: -2.9%
Investment Disclaimer: Analysis based on TW3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Spring Grove Road, Hounslow, TW3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£989
Based on a loan of £202,462 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE