2 bed property for sale

Central Road, Worcester Park KT4

Investment Opportunity – Mixed-Use Freehold Producing £43,600 Per Annum

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.