Lawrence Road, L15,£0
- Bedrooms 3
- Bathrooms 2
This is a mixed use commercial / residential investment property. Comprising of a single front shop unit and a three bedroom duplex flat above. The shop has a rental income currently with its own front entrance and roller shutter security. The flat above has its own entrance to the rear of the property and is arranged over two storeys. This property has achieved a good rental income recently but at the moment only the shop is achieving a rental income with vacant accommodation above.
The residential accommodation would benefit from some modernisation in order to attract a higher rent – being in a very popular student area. There is no reason with the right refurbishment why this property would not attract a Gross Yield of 14.5%