£260,000
Property for saleVicarage Road, Watford, Hertfordshire WD18
1 bath
About this property
We are pleased to offer Leasehold sale for two storey mixed-use property, comprising a ground floor commercial unit (currently A5 use) and a self-contained one-bedroom flat above, each with separate entrances.
🏢 Property Features:
Mixed-use building: Ground floor commercial shop & first-floor residential flat
Current rent: £1,250 per calendar month
Leasehold sale with 38 years lease remaining
Charitable lease in place
Potential to extend the ground floor at the rear for residential use, subject to planning approval
Lease extension guaranteed, offering long-term security and value
Flat accessed via separate entrance, offering full privacy for both units
Popular location with consistent rental demand
This is a fantastic investment opportunity, ideal for buyers seeking secure rental income with scope for future development or enhancement.
🏢 Property Features:
Mixed-use building: Ground floor commercial shop & first-floor residential flat
Current rent: £1,250 per calendar month
Leasehold sale with 38 years lease remaining
Charitable lease in place
Potential to extend the ground floor at the rear for residential use, subject to planning approval
Lease extension guaranteed, offering long-term security and value
Flat accessed via separate entrance, offering full privacy for both units
Popular location with consistent rental demand
This is a fantastic investment opportunity, ideal for buyers seeking secure rental income with scope for future development or enhancement.