This property presents a unique mixed-use investment opportunity in a prominent location along Romford Road High Street, benefiting from high visibility and significant foot traffic. The freehold consists of a spacious ground-floor commercial unit, currently operating as a hairdresser/barbershop, alongside a newly renovated 2-bedroom residential flat accessible through its own entrance. Additionally, there is a separate long-lease 3-bedroom flat on the third floor.
The commercial space features an expansive open-plan layout with full-height glass frontage, ensuring excellent exposure and natural light. It includes essential facilities such as private WC and kitchenette areas, making it adaptable for various business uses (subject to necessary consents). Given its strategic location with strong pedestrian activity, this unit offers an attractive proposition for both investors and owner-occupiers.
At the rear, the modern 2-bedroom flat boasts generous living spaces including a stylish kitchen and bathroom, along with access to an impressive garden area measuring around 100 sqm—an amenity not commonly found in similar properties.
A notable advantage of this property is its additional land at the rear which previously had planning approval for further flats—a possibility that could be re-explored considering ongoing development in the area. This prospect could not only enhance rental income but also significantly increase the property's capital value (subject to planning permissions).
Currently yielding approximately 7–8%, there exists potential to boost returns over 10% through thoughtful redevelopment or refurbishment. For those looking to operate their own business or invest, this property represents a rare opportunity to secure immediate income alongside future growth potential in an evolving East London market. Early viewing is highly recommended.
