Western Road, Southall, Middlesex, UB2

This freehold development opportunity lies in the heart of Southall, just a short walk from the Crossrail station, making it a strategically located investment. The property comprises a three-storey block featuring nine long-lease two-bedroom flats, alongside twelve derelict garages on an expansive plot. Of these garages, seven are held by the freeholder while five belong to leaseholders. The site presents considerable redevelopment potential, with permissions potentially obtainable to construct three additional two-bedroom mews homes behind the current structure, and a three-bedroom house at the front. This could offer an attractive return on investment given similar projects in the surrounding area that have successfully received planning consent. Current ground rent from the existing flats stands at £405 annually. There is also room for enhancement due to some shorter leases remaining on three of the flats, allowing for future value-add initiatives. A shared garden provides outdoor space which adds to livability and appeal. This property is ideal for a developer looking to capitalize on rising demand in this vibrant London location.