This is a distinctive opportunity to acquire a mixed-use freehold property located on the sought-after northern side of Old Brompton Road, nestled conveniently between Earl's Court and South Kensington. The asset includes two established commercial spaces on the basement and ground floors, both currently rented, alongside approximately 1,850 sq ft of vacant residential space above. The upper residential area is configured as a licensed six-bedroom HMO spanning three floors, featuring additional shared bathrooms and an abundance of internal space ripe for optimization.
Investors will find numerous potential avenues for enhancing value, including refurbishment and reconfiguration of the existing HMO setup or the possibility to separate and sell individual flats (pending necessary consents). There’s also notable potential to convert the space into a large private residence or explore development opportunities at the rear, with nearby properties having successfully achieved planning approval for dormer extensions.
The commercial units provide a reliable income stream, with the ground floor occupied by a long-standing nail salon and the basement leased to a neighbouring restaurant. This combination ensures a steady cash flow while you bolster and reposition the residential component.
Ideal for investors, developers, or owner-occupiers looking for a central London asset with robust income generation capabilities and significant long-term growth potential.
