Initial price	£12,000,000
28/05/25	£10,500,000
Price Change	-12.50%

Innovation House presents a unique investment opportunity in Isleworth, near the affluent area of Richmond. The freehold property comprises 22 high-specification residential flats, with two additional rear plots, one commercial unit, and one car park. The property has a current rent roll of £609,000 per annum, including £97,000 from the commercial unit and £18,000 from a telephone mast lease. The flats include a mix of 1-bed, 2-bed, and studio units, with many recently let under guaranteed rent agreements. The property has excellent tenant demand due to its proximity to Richmond, and there is significant development potential, with planning permission granted for an additional 20-25 residential flats. The property is located in a vibrant area with strong transport links, local amenities, and regeneration, making it a highly desirable residential zone. With a total current rent of £609,000 per annum and potential for further development, this is a rare asset with significant upside potential.