This mid-terraced Victorian freehold property presents a significant investment opportunity in West London, strategically located along a bustling arterial route. The building comprises commercial premises on the ground and basement levels, currently leased to Ladbrokes Betting & Gaming Ltd, generating a steady rental income of approximately £23,500 per annum with a secure lease extending until 2034. Additionally, the upper floors house a spacious four-bedroom apartment that achieves a gross rental income of £36,600 annually, making this an attractive long-term investment with existing tenants.
Notably, the property holds excellent potential for renovation and redevelopment. There is room for enhancing the residential space through subdivision or possibly converting the roof area into additional living space, subject to local planning permissions. Given the precedents on similar properties in the area, these alterations could significantly increase both rental yields and overall value.
Conveniently located near local amenities and public transport links—including Shepherd's Bush Underground Station and Westfield London—this property not only offers immediate income but also exceptional growth potential for discerning investors looking to capitalize on London's vibrant real estate market.
