5 bedroom Mixed Use For Sale

This prominently positioned end-terrace, mixed-use freehold property presents a secure and high-yielding investment opportunity in the centre of Watford, Hertfordshire. Combining substantial residential and commercial assets, this well-maintained building offers a fully let, turnkey investment with immediate and diverse income streams. Situated on Queens Road, a key high-footfall location, the property benefits from excellent frontage, maximising visibility for the ground-floor commercial unit and offering a compelling profile to prospective tenants and customers alike.

Configured to maximise return, the property comprises three principal elements. The ground floor features a commercial unit benefitting from a prime trading frontage, ideal for attracting high street custom in this bustling town-centre corridor. The building hosts two self-contained residential flats: a generous two-bedroom flat and a spacious three-bedroom apartment. Both units are arranged to support ongoing strong tenant demand, further contributing to a secure and diversified rental income.

This asset is presently fully let, with current arrangements producing an advised annual yield of approximately £42,000 and a reported monthly income of £3,500. Its triple income stream and cohesive internal configuration make it suitable for both new and established investors seeking a low-maintenance addition to their portfolio. With gas central heating installed throughout the property and zone/permit parking available, the asset is well equipped to meet the practical requirements of modern occupants.

LOCAL AREA

Located in the heart of Watford WD17, the property occupies an advantageous position for access to key amenities, employment hubs, and transport links. It is situated only minutes from Watford Junction station, providing direct railway connections to London Euston in approximately fifteen minutes, making it particularly appealing for commuters. The nearby Atria Shopping Centre offers comprehensive retail and leisure amenities, contributing to consistent footfall and supporting business viability for the commercial element. Residents benefit from excellent connections across Hertfordshire and into central London, as well as proximity to local shops, dining establishments, and public open spaces. EPC rating: C. Council tax band: X, Tenure: Freehold,