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Heath Road, London, TW1

Guide Price
£800,000

£284.50 per sq ft

Business rates & charges may apply

Dexters Development & Investment, Investments
SIZE AVAILABLE

2,812 sq ft

261 sq m

SECTOR

Mixed use property for sale

Key features

  • Mixed use Freehold
  • Excellent Investment Opportunity
  • Commercial unit on the ground floor
  • Residential apartment on the first floor
  • Estimated Income of £64,000 to £77,000
  • Development potential to convert rear of ground floor into an apartment, subject to planning permission.
  • Located near Twickenham Station
  • A popular area including many retailers such as Nandos, Marks and Spencers, Kokoro etc.

Description

Excellent Investment and Development opportunity to acquire a mixed use freehold on Heath Road, Twickenham.

Ground floor - commercial class E - 1744 square feet plus garden to the rear of the building. Estimated rental value £40,000 - £50,000 per annum

First Floor - Residential apartment - 828 square feet plus 240 square foot terrace. Estimated rental value £24,000 - £27,000 per annum

The property has dual use for both commercial and residential use and the residential property has it's own separate entrance. The property presents an excellent investment opportunity with the estimated income combined at £64,000 to £77,000, plus development potential to convert the rear of the ground floor to a residential apartment (subject to planning permission). 

For sale is the unbroken freehold. We are informed VAT is not applicable. 

Heath Road is a busy street in Twickenham connecting central Twickenham to Twickenham Green and has tenants including Nando's, Marks and Spencers, Kokoro and plenty of independent retailers. The area is a popular suburb of London for young professionals, families and students with St Mary's University nearby. The redeveloped Twickenham station has direct links into central London.

Energy Performance Certificate (EPC) Energy Rating B

Council Tax Band - D

Heath Road, London, TW1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Strawberry Hill Station0.4 miles
  • Twickenham Station0.5 miles
  • Whitton Station0.9 miles

About Dexters Development & Investment, Investments

Dexters Mayfair, 66 Grosvenor Street, London, W1K 3JL

London covered

Our dedicated team of specialists have a well-established track record of achieving clients more than the market value for land, development and investment projects across the capital. Members of RICS, our qualified chartered surveyors uphold their reputation for integrity and professionalism.

Based in one of the Dexters ‘Centres of Excellence, our experts focus solely on development services for clients including Croudace Homes, Barratt Homes, Berkeley Group, Crest Nicholson, Metropolitan Housing, Henley Homes and Ballymore Group.

Landowner support

We guide land and property owners on the development potential of their assets and can help every step of the way through the planning minefield whilst providing guidance on the type of development you are likely to achieve. Working with our third-party planning and design team we can help you to visualise the concept, and assess the costs to build and value the end asset.

Land disposal

We can advise on the value of land, and explore development opportunities. Once we have assessed both the current value and the development value we can guide you on the best route to market.

Land acquisition

Our expert teams deal with development sites that are on the market, along with those that are being marketed “off market” and low-key.. If you are looking to invest or develop in these types of projects we can help source suitable opportunities, assess their future value and ultimately help you to acquire them.

Investment acquisition / disposal

We acquire and sell all types of investment assets from portfolio sales, whole block pre-sales, HMO's and mixed use (residential/commercial) Freeholds in the High Street. Whether you are looking to buy or sell an investment property we can help with valuations, comparable evidence, finding tenants, full management and block management..

New Homes sales & marketing

Whether in London or overseas, we can advise developers and housing associations on the unit mix, pricing, legislation, finance and buyer profiles.

Notes

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Disclaimer - Property reference 155HeathRoadTwickenham. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dexters Development & Investment, Investments. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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