Central Road, Worcester Park
- PROPERTY TYPE
House
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Mixed Used Freehold Investment Generating £43,600 Per Annum
- Ground Floor Retail unit Leased to Specsavers @ £25,000 pa
- First Floor Two Bedroom Flat
- Potential to add a Third Storey STPP
- Private rear Terrace
- Great Transport Links
- Located in a busy footfall Location on a busy High Street
Description
An excellent opportunity to acquire a well-positioned mixed-use freehold investment comprising a ground floor retail unit and a self-contained two-bedroom first floor flat, offering a combined current income of £43,600 per annum. The ground floor retail premises is securely let to the highly recognisable national optical retailer Specsavers on a long lease, generating an annual rental income of £25,000, with a scheduled rent review in 2027. This provides investors with a strong covenant and the prospect of future rental growth.
The first floor residential accommodation is separately accessed and currently produces £18,600 per annum, presenting a well-maintained and desirable living space. Accessed via a rear staircase leading to a private terrace, the flat opens into a bright and spacious lounge (14' x 13'5) featuring double glazed windows and two radiators, flowing seamlessly into a fitted kitchen (8'3 x 6'3). The kitchen is equipped with a range of wall and base units, worktop surfaces, inset stainless steel sink, gas hob with extractor, electric oven, and integrated washing machine. There are two well-proportioned bedrooms, Bedroom One (13'9 x 12') benefits from front-facing double glazed windows and a double radiator, while Bedroom Two (11'1 x 9'2) also enjoys a front aspect, radiator, and access to loft space.
The bathroom comprises a white suite including a bath with overhead shower, wash hand basin, low-level W.C., tiled flooring, and a frosted double glazed window, along with a wall-mounted gas central heating boiler.
The property falls within Council Tax Band C for the residential element.
Brochures
Central Road, Worcester Park- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Central Road, Worcester Park
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Visit our security centre to find out moreDisclaimer - Property reference 34652056. 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 Hunters, Worcester Park. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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