Block of flats for sale

Romford Road, London E12

A rare opportunity to acquire a completely freehold mixed-use property positioned in the heart of the highly active Romford Road High Street. The property comprises a ground floor commercial unit of approximately 50 sqm, currently operating as a hairdressers, together with a separately accessed, newly refurbished and exceptionally spacious two-bedroom ground floor flat.

The commercial premises benefit from strong frontage onto Romford Road, enjoying heavy daily footfall and excellent visibility. With an estimated rental income of approximately £2,500 per month, the unit offers strong trading potential for an owner-operator or stable income for an investor. The location provides outstanding accessibility for commuters, surrounded by transport links, bus routes and neighbouring established businesses.

The residential accommodation has been recently refurbished and offers generous internal proportions, comprising two bedrooms, a separate living room, modern kitchen and bathroom. To the rear, the flat benefits from an impressive private garden of approximately 100 sqm, presenting significant value-add potential. While no planning permission is currently in place, neighbouring properties of similar layout have successfully extended the existing accommodation and, in some cases, developed additional units to the rear (subject to the usual consents).

At current market levels, the property is expected to generate a combined rental income of approximately £4,500 per month (£2,500 commercial and £2,000 residential), reflecting an estimated gross yield in the region of 6–8% per annum. Beyond its immediate income profile, the property offers multiple exit strategies: An ideal opportunity for an owner-occupier wishing to trade from the premises, an investor seeking steady yield in a strong trading location, or a developer looking to enhance and unlock further value.

Please note there is also a second flat located above the building which technically forms part of the freehold title; however, this unit is not included within the sale as it has been held on a long lease for many years and does not provide any direct rental income or additional value to the purchaser.