North End Road, London, W14

This mixed-use freehold property presents a promising opportunity for renovation and investment, located in the vibrant area of West Kensington. Situated conveniently near West Kensington underground station, it benefits from excellent transport links to central London and Heathrow Airport, making it an attractive option for both commercial and residential tenants. Currently configured with existing residential and commercial units, the property comes with approved planning consent for the development of two 1-bedroom apartments. This enhancement could significantly increase its rental yield and overall market value, catering to the growing demand among young professionals and students in this desirable neighborhood. The current rental income is £39,000 annually, while the estimated rental value upon completion of the proposed development is projected at £114,200 per year. North End Road is a well-trafficked thoroughfare that connects Fulham to Kensington Olympia, providing high visibility for any commercial ventures within the property. With established retailers such as Co-Op, Tesco, and Sainsbury’s nearby, footfall remains steady in this dynamic location. For investors looking for a property with considerable potential for growth through redevelopment or renovation, this opportunity stands out due to its strategic position and existing tenant base. The property is being sold with tenants in situ, allowing for immediate cash flow while planning for future enhancements. Additional details include planning reference 2021/03881/FUL and an Energy Performance Certificate rating of D. The current council tax band is E.