Property photos
£680,000
(£453.33/sq. ft)
Retail premises for sale
Romford Road, London E12From 1,500 - 2,800 sq. ft
Local area information
Property location
Nearby amenities
- Avenue Primary School 0.1 miles
- Sir John Heron Primary School 0.2 miles
- Manor Park 0.3 miles
- Woodgrange Park 0.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Little Ilford, East Ham and Aldersbrook to find out more about the local area.
Features and description
This property offers a unique and lucrative opportunity for investors seeking immediate returns and outstanding development potential in one of East London’s most vibrant locations. With its prime high-street position, solid rental income, and future growth prospects, this is an investment not to be missed.
Key Features of the Property:
Ground Floor Retail Unit (500 sq. Ft.):
Formerly a hairdresser with A1 licensing, this shop is situated on Romford Road, a bustling high street with exceptional footfall.
Currently vacant, allowing the buyer flexibility to lease it or operate a business.
Projected annual rental income: £24,000.
Equipped with a small kitchen and bathroom, ready for immediate occupancy with minimal work.
Ground Floor 2-Bedroom Flat:
Spacious and modern, currently tenanted at £1,200 per month (£14,400 annually).
Rental income is significantly below market rate, with a potential adjustment to £1,800 per month (£21,600 annually) based on current demand, offering a 50% uplift in returns.
Includes a large private garden, ideal for development projects.
First Floor 3-Bedroom Flat:
On a 50-year lease, providing future value for the buyer but no immediate rental income.
Financial Breakdown:
Investment Price: £680,000
Projected Annual Rental Income (post-adjustments): £40,000
Current Rental Yield: Approx. 5.88%
Potential to increase yield further with shop lease activation and rent adjustments.
Development Potential – Unlock Significant Value:
This property is brimming with development opportunities:
Back Garden: Preliminary consultations with architects and the local council indicate a strong likelihood of approval to build two additional flats.
Vertical Expansion: With tall neighboring structures and a nearby council flat already in place, building above the existing top-floor flat is highly probable.
Post-Development Value: Estimated to exceed £1,000,000, with annual rental returns reaching £100,000 or more, creating a double-digit yield for investors.
Strategic Location in Newham, E12:
Situated in a rapidly growing area of East London, Romford Road benefits from high visibility and a thriving local economy.
Ongoing discussions about the expansion of Central London into areas like E12 make this a prime location for future appreciation.
Historical trends in areas like Shoreditch demonstrate the potential for property prices to soar.
Why This Property is a Must-Have Investment:
Immediate Returns: Secure a rental income of £40,000 annually, with potential for further increases.
Turnkey Opportunity: The retail unit is modern, spacious, and ready to lease or occupy immediately.
Future Development: Build additional flats, expand vertically, and tap into the enormous potential of this site.
High Demand Area: Romford Road’s location guarantees tenant demand and long-term value growth.
This is more than just a property; it’s a platform for significant financial growth. With a combination of current income, value appreciation, and scalable development opportunities, 795 Romford Road offers a rare and compelling investment opportunity.
Key Features of the Property:
Ground Floor Retail Unit (500 sq. Ft.):
Formerly a hairdresser with A1 licensing, this shop is situated on Romford Road, a bustling high street with exceptional footfall.
Currently vacant, allowing the buyer flexibility to lease it or operate a business.
Projected annual rental income: £24,000.
Equipped with a small kitchen and bathroom, ready for immediate occupancy with minimal work.
Ground Floor 2-Bedroom Flat:
Spacious and modern, currently tenanted at £1,200 per month (£14,400 annually).
Rental income is significantly below market rate, with a potential adjustment to £1,800 per month (£21,600 annually) based on current demand, offering a 50% uplift in returns.
Includes a large private garden, ideal for development projects.
First Floor 3-Bedroom Flat:
On a 50-year lease, providing future value for the buyer but no immediate rental income.
Financial Breakdown:
Investment Price: £680,000
Projected Annual Rental Income (post-adjustments): £40,000
Current Rental Yield: Approx. 5.88%
Potential to increase yield further with shop lease activation and rent adjustments.
Development Potential – Unlock Significant Value:
This property is brimming with development opportunities:
Back Garden: Preliminary consultations with architects and the local council indicate a strong likelihood of approval to build two additional flats.
Vertical Expansion: With tall neighboring structures and a nearby council flat already in place, building above the existing top-floor flat is highly probable.
Post-Development Value: Estimated to exceed £1,000,000, with annual rental returns reaching £100,000 or more, creating a double-digit yield for investors.
Strategic Location in Newham, E12:
Situated in a rapidly growing area of East London, Romford Road benefits from high visibility and a thriving local economy.
Ongoing discussions about the expansion of Central London into areas like E12 make this a prime location for future appreciation.
Historical trends in areas like Shoreditch demonstrate the potential for property prices to soar.
Why This Property is a Must-Have Investment:
Immediate Returns: Secure a rental income of £40,000 annually, with potential for further increases.
Turnkey Opportunity: The retail unit is modern, spacious, and ready to lease or occupy immediately.
Future Development: Build additional flats, expand vertically, and tap into the enormous potential of this site.
High Demand Area: Romford Road’s location guarantees tenant demand and long-term value growth.
This is more than just a property; it’s a platform for significant financial growth. With a combination of current income, value appreciation, and scalable development opportunities, 795 Romford Road offers a rare and compelling investment opportunity.
More information
Listed by
Almass Estates Ltd
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