Central Avenue, Welling, DA16 3AX

This property presents a noteworthy investment opportunity, combining immediate rental income with significant potential for expansion. Currently, the ground floor is leased back to a reliable and established solicitors firm, generating an annual rental income of £22,500. This ensures a steady cash flow while you explore further development options. The site benefits from approved planning permission for the construction of an additional floor, which will allow for the creation of six one-bedroom apartments. This enhancement not only capitalizes on the growing demand for residential units but also offers a strategic route to increase the property's overall value. Located in a vibrant area with convenient access to local amenities and transport links, this property is well-positioned to attract both tenants and future owners. Whether you're looking to hold as a long-term rental or develop into modern living spaces, this property stands out as a solid investment choice with promising renovation potential.