St Albans Road, Watford, WD24

This freehold property presents a versatile opportunity for investors and developers, located within a vibrant area just under half a mile from Watford Junction Station. The building consists of a ground floor retail unit currently leased to a beauty salon with an ongoing tenancy until 2026, ensuring immediate rental income. Above, the first-floor flat is vacant and features 2 to 3 bedrooms along with a private patio space, making it ripe for renovation. While the flat has been modernized recently, there remains significant potential for further enhancements or reconfiguration to maximize its appeal. Given the property's location and existing rental arrangement, it stands as an attractive investment prospect, particularly if planning permission can be secured for additional development. Potential buyers should consider the opportunities to add value through strategic renovations and expansions.