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3 bed flat
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The property is a mid-terrance building on Franciscan Rd in London, comprising a ground-floor commercial unit and two upper-floor residential apartments. The commercial unit occupies 1,245 sq ft, is in prime condition, features central heating, and has a private rear garden. The unit is currently trading as a builders' office and is let on a 10-year lease for £19,500 p.a. The two residential apartments, Flat 1 and Flat 2, are well-presented and let on 12-month AST agreements, achieving £19,800 p.a. and £24,000 p.a. in rental income, respectively. The property is a mixed-use asset with a diversified income stream from both commercial and residential sectors, and is valued for its low maintenance and prime location.