Rowan Road, Streatham, London, SW16
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Freehold mixed-use investment opprtunity
- Located in a well-established South London location
- Includes three residential rooms on the first floor
- Potential for extension or redevelopment (STPP)
- 6.47% Yield
- Suitable for investors seeking immediate income
- long-term growth potential
Description
An excellent freehold mixed-use investment opportunity located on the borders of Streatham and Mitcham, positioned on Rowan Road, SW16. The property comprises two commercial retail units and three residential rooms, currently generating a strong rental income with further asset management and extension potential (subject to planning permission).
- Freehold Investment Opportunity
- Located on Rowan Road, SW16
- Mixed-use property comprising:
- Two ground floor retail units
- Three residential rooms on the first floor
- One En-suite bathroom
- Shared kitchen and bathroom facilities
- Potential for future extension or redevelopment (STPP)
- Room 1: Let from 05/06/2024 – £10,200 per annum
- Room 2: Let from 19/09/2023 – £8,400 per annum
- Room 3: Currently vacant
- 19 Rowan Road:
- Lease commenced 08/05/2023
- 7-year lease term
- £10,000 per annum
- 19A Rowan Road:
- Lease commenced 08/05/2023
- 5-year lease term
- £7,000 per annum
- Total Rental Income: £35,600 per annum (with one vacant room)
- Gross Yield: 6.47%
- Strong investment with immediate income and future value-add potential
- Situated within an established South London residential and commercial area
Viewing highly recommended through the commercial sales team
Energy Performance Certificates
EPCRowan Road, Streatham, London, SW16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Mitcham Eastfields Station0.5 miles
- Streatham Common Station0.7 miles
- Norbury Station0.9 miles
Notes
Disclaimer - Property reference DOM_PRP_635882. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Residenza Properties, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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