Romford Road, London E12

This diverse freehold mixed-use property presents a significant investment opportunity located prominently on Romford Road High Street, known for its high foot traffic and visibility. The asset includes a spacious ground floor commercial unit currently operating as a successful hairdresser/barbershop, alongside a modernized 2-bedroom residential flat at the rear with its own entrance. The commercial area boasts a full-height glass frontage that floods the space with natural light, and it is complemented by private WC facilities and a small kitchen area, providing versatility for various business uses (subject to consents). Additionally, the rear flat features contemporary interiors and direct access to an expansive garden of approximately 100 sqm, offering rare outdoor space for such mixed-use properties. Importantly, this property offers substantial redevelopment potential as previous planning consent was granted for additional flats in the rear garden area. Given the ongoing regeneration in the locality, there is strong potential for reapplying for such permissions. Currently generating solid yields of around 7-8%, there is room to enhance returns beyond 10% through strategic redevelopment or refurbishment. This opportunity could appeal not only to investors seeking immediate income but also to owner-occupiers interested in capitalizing on the prime location’s commercial prospects.