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2 bedroom terraced house4 Carlton Road, Romford, RM2 5AA

£550,000


***Freehold Investment Opportunity*** A mixed use FREEHOLD lock up shop with residential upper parts, offered for sale in a sought after location within Gidea Park. The property benefits off street parking to the front with rear vehicular access and is situated less thank half a mile to Romford Station and its busy Town Centre. The entire unit has been refurbished to a high standard, with the shop offering an open plan arrangement which can be partitioned if required, benefiting 2 x W.C, newly installed air conditioning system, new boiler and store room with rear access. Has recently been granted 'Class E' use. Permission is granted for for installation of kitchen extraction system with ducting fitted to rear elevation at 4 Carlton Road, Romford RM2 5AA in accordance with the terms of the application, Ref P0998.21, dated 19 May 2021, subject to the conditions set out in the Schedule at the end of this decision. The first floor provides a 2 double bedroom self contained apartment with its own entrance to the front. Apartment consists of; 16ft lounge, two spacious double bedrooms, large separate kitchen, modern bathroom and terrace area. The property has huge potential, ideal for a number of different uses (subject to necessary consent) with live in upper parts or excellent rental potential which can be split or rented as a whole. Flat is currently rented for £1,200 p/m and the shop has potential rental income of £1,450 p/m (please conduct your own research to verify these figures).


Address
4 Carlton Road, Romford, RM2 5AA
Price
£550,000
Bedrooms
2
Bathrooms
1
Tenure
Freehold
  • 2 Bedrooms
  • Freehold Investment Opportunity
  • Retail Shop with Residential Upper Parts
  • Totally Refurbished to a High Standard
  • Two Bedroom Flat with Own Entrance
  • Two Parking Spaces to Front with Rear Access
  • Excellent Rental Potential
  • Mixed Use Gidea Park Location
  • Walking Distance to Romford Station & Town Centre

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Your property price

£300,000

High street agent (1.3%)
£4,680
Purplebricks fixed fee (0.53%)
£1,599
You could save
£3,081

Equivalent to an average of 1.3% plus VAT charged by high street agents. Purplebricks service is a fixed fee including VAT.

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