Rowan Road, Streatham, London, SW16

Description:
An attractive freehold mixed-use investment occupying a prominent position within an established retail area.

The property comprises two ground floor commercial units currently occupied by established independent businesses, together with residential accommodation above, creating a diversified multi-income producing asset.

The upper residential accommodation, currently arranged as three separate rooms with shared kitchen and bathroom facilities including one ensuite room, will be vacant by the end of May 2026, offering an opportunity for refurbishment, reconfiguration, or owner occupation.

Location:
Rowan Road is in a desirable residential area of Streatham Vale, offering excellent transport links and convenient access to local amenities. The property is approximately 0.5 miles (a 10-minute walk) from Mitcham Eastfields Station, which is served by Southern rail services, providing connections to London Victoria (Northbound) and Dorking/Horsham (Southbound) and other destinations. Streatham Common Station is also nearby, around 0.7 mile away (a 15-minute walk), offering additional rail options.

The area is well-served by bus routes, including the 60,118,133,201,249, and 255, providing easy access to Tooting, Croydon, Brixton, and Central London.

Accommodation:
Ground Floor: 947 sq.ft. (88.04 sq.m)
First Floor: 611 sq.ft. (56.74 sq.m)
Total Approximate Area:1,558 sq.ft. (144.78 sq.m)

Tenancies:
Commercial Unit 1: £10,000 per annum
Commercial Unit 2: £7,000 per annum
Residential Accommodation: £23,600 per annum (3 separate rooms, vacant from 1st June 2026)
Total Current Income: £40,600 per annum
Gross Yield: 7.38%

Guide Price:
£550,000 (£352.37 per sq. ft.)

Viewings:
Access is available to the entire property, including both commercial units and upper accommodation.

Contact sole agents Residenza Properties Tooting.