For Sale: Ground Floor Commercial with a 3-bedroom Residential Flat Above

Location: Queens Road, Watford, WD17 2LA

Filey Properties are delighted to present an excellent investment opportunity to the market.

This mixed-use property currently generating a combined rental income of up to £31,560 pa from both the ground floor Commercial and Residential Flat above. Situated in a desirable location by Atria Watford, the property is in close proximity to local amenities, transport links, and is within easy reach of Retail and Leisure facilities.

Leased Ground Floor Unit: Business unaffected
The ground floor commercial, which has a recently renewed interior, possesses a beautiful frontage, generous kitchen with a downstairs basement for stock.

First Floor Flat: 3 bedroom
The 3-bedroom Flat above is well-sized with 2 bedrooms on first floor and 1 bedroom in a loft conversion, has the potential to be rented room by room as studios with HMO. Property offers a private, separated access for the occupiers and brings in a high yield opportunity with strong returns relative to the asking price.

Rental Income Breakdown:
Shop - £1500 pcm / £18,000 pa (15-year lease, recently agreed)

Residential Flat - £1,380 pcm / £13,560 pa

Combined - £31,560, with Potential to Increase

Don’t Miss Out on This Investment Opportunity.
Contact Us Today on to arrange a viewing right away!