A commercial unit with two residential flats in the heart of Twickenham has been put on the market for a guide price of £1,100,000.

Marketed by Dexters, the freehold property includes a ground floor and basement retail/commercial unit, offering 106.4 square metres of space across retail, office, storage and kitchen areas.

The commercial space of the York Street property (credit: Rightmove).

While currently vacant, the vendor has already agreed terms with a new tenant, expected to bring in £28,000 per year.

Above, Flat A is a three-bedroom split-level flat on the second and third floors, currently let for £23,400 per year.

Dexters say that with light refurbishment, the rental value could rise to £25,200 annually.

The reception of the first floor apartment (credit: Rightmove).

On the first floor, Flat B is a one-bedroom flat let at £16,200 per year, with tenants in situ.

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Altogether, the property spans 248.9 sq.m and currently generates a combined annual rental income of £67,600, with a potential increase to £68,400.

The living room and kitchen of the second floor flat (credit: Rightmove).

At the marketing guide price, the investment offers a yield of just over 6%.

Last year, the commercial space was previously Jaks Hair & Beauty.

To find out more about the property click here.