Residential Development For Sale
INCREDIBLE INVESTMENT OPPORTUNITY ON HOUNSLOW HIGH STREET.
PLANNING PERMISSION GRANTED FOR A 21-BEDROOM HMO ABOVE AN INCOME PRODUCING COMMERCIAL UNIT, WITH POTENTIAL FOR A FURTHER DEVELOPMENT TO THE REAR!
This large mixed use commercial building comprises of a large A3 unit on the ground floor (currently owner occupied, with a lease being set up), currently empty over first and second floors - with planning permission for an extension to house the 24-bedroom HMO (granted by Hounslow Council). We have been informed that the Local Council have guided that a potential development would be feasible in the rear yard - this gives the site further potential, Subject To Planning Permission, for resale units.
Located on the incredibly busy, diverse, High Street, Hounslow, this is a great investment location that will see an increase in rental return and Capital Growth alongside population growth in the area and the increase in jobs from Heathrow Airport (15-minute journey from Hounslow Central Station). Not only are you easily connected to Central London and Heathrow via train, you are well located for the M3, M4 and M25 giving great transport connections outside of London - making tenants easy to find here.
For more information and further documentation, please call Rolfe East!