£899,000
5 bed semi-detached house for saleHornchurch Road, Hornchurch RM12
5 beds
3 baths
1 reception
EPC Rating: D
Added on
About this property
Description
An excellent opportunity to acquire a freehold mixed-use investment comprising a ground floor retail unit, three self-contained residential units and an income-producing advertising board, generating a combined passing rent of £63,320 per annum.
Investment Highlights
Freehold mixed-use investment
Ground floor retail unit
Three self-contained residential units
Additional income from advertising board
Total passing rent of £63,320 per annum
Long-established retail tenant in occupation since 2011
Rear studio tenant in occupation since 2008
Attractive combination of commercial and residential income
Asset management and future value-add potential (subject to the necessary consents where applicable)
An ideal opportunity for investors seeking a diversified income-producing asset with established occupiers and immediate rental income.
Tenure: Freehold
Estate Agents Note
Retail Shop
Long-established tenant in occupation since 2011
Currently producing £16,120 per annum
Occupied under a Tenancy at Will
Tenant responsible for full repairing and insuring (Fri) obligations
Rear Studio Flat
Currently Vacant
Studio Flat
Self-contained 1-bedroom garden flat
Let on a 12-month AST from 22 September 2025
Producing £12,000 per annum
First Floor Flat 3-Bedroom Flat
Let on a 12-month AST from 12 September 2025
Producing £21,000 per annum
Advertisement Board
External advertising board providing additional income
Let to Big Reach Media UK Ltd
5-year licence agreement from 1 July 2024
Producing £2,200 per annum
Entrance
Entrance to Shop, access to studio via own front door and access to to communal entrance.
Front Forecourt
W: 18' 3" x l: 13' 9" (w: 5.56m x l: 4.19m)
Shop
Communal Entrance
Doors to studio and 3 bedroom flats.
Landing
Loft access, radiator and doors to.
Kitchen/Lounge
W: 13' 4" x l: 17' 6" (w: 4.06m x l: 5.33m)
Double glazed window to front, radiator, wall units along 1 wall, work surfaces along 1 wall with storage under, space for domestic appliances, integrated electric oven, 4 ring electric hob, boiler and bowl drainer sink.
Bedroom 1
W: 12' 1" x l: 14' 5" (w: 3.68m x l: 4.39m)
Double glazed window to flank, double glazed window to rear and radiator.
Bathroom
W: 6' 4" x l: 8' 11" (w: 1.93m x l: 2.72m)
Obscure double glazed window to flank, panel bath with taps and shower over, hand basin with taps over, low level w/c and radiator.
Bedroom 2
W: 11' 5" x l: 10' (w: 3.48m x l: 3.05m)
Double glazed window to rear and radiator.
Bedroom 3
Double glazed window to rear and radiator.
Studio
Lounge
W: 14' 6" x l: 8' 9" (w: 4.42m x l: 2.67m)
Double glazed window to rear, double glazed window to flank and radiator.
Kitchen
W: 8' 1" x l: 8' 4" (w: 2.46m x l: 2.54m)
Double glazed window to flank, wall units along 1 wall, work surfaces along 1 wall, space for domestic appliances and bowl drainer sink with taps over.
Shower Room
W: 2' 5" x l: 11' 1" (w: 0.74m x l: 3.38m)
Shower cubicle, hand basin with taps over and low level w/c.
Studio
W: 8' 1" x l: 8' 4" (w: 2.46m x l: 2.54m)
Kitchen
Double glazed window to flank, wall units along 2 walls, work surfaces along 2 walls with storage under, space for domestic appliances, bowl drainer sink with taps over and door to.
Shower Room
W: 5' 8" x l: 7' 2" (w: 1.73m x l: 2.18m)
Shower cubicle, hand basin with taps over and low level w/c.
Bedroom 1
W: 15' 8" x l: 15' 5" (w: 4.78m x l: 4.7m)
Double glazed window to flank, double glazed window to rear and radiator.
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