162 & 164 Central Rd, Worcester Park, KT4 8HQ

This mid-terrace mixed-use property presents a unique opportunity for a savvy investor looking to maximize their potential. With an asking price of £325,000, significantly below the local average of £577,632, this property can be seen as a modest opportunity in the current market. The existing two-bedroom flat is already generating a rental income of £16,800 per annum, providing immediate cash flow while you explore development options.

The first-floor office space, currently vacant, offers the potential for conversion into a residential unit, with the possibility of adding an additional one-bedroom flat within the roof space, subject to necessary planning approvals. The mixed condition of the property indicates areas to enhance, but this also provides a blank canvas for improvements, particularly in the kitchen and bathroom areas, which are functional but basic. Overall, while further investment will be required, the attractive asking price and the potential for asset growth position this property as an interesting project for the right buyer.