£1,200,000
Property for saleThe Holly Tree, 32 Dermody Road, Lewisham, London SE13
Freehold
About this property
Freehold end-of-terrace mixed-use investment in prime Lewisham location
8-bedroom HMO fully let, producing £84,000 per annum
Vacant commercial unit (former pub) with large basement and ancillary attic space
Net operating profit estimated at £73,680 per annum (pre-maintenance)
Development potential via commercial reconfiguration, rear extension or attic conversion (STP)
Attractive long-term hold or active asset management playAttractive long-term hold or active asset management play
Guide Price: £1,200,000
Viewings by appointment
The Holly Tree is a characterful end-of-terrace freehold property offering a rare mixed-use investment opportunity in the heart of Lewisham. The upper floors comprise an 8-bedroom House in Multiple Occupation (HMO), fully let and generating a strong and consistent income stream. The ground floor and basement—formerly operating as a public house—are currently vacant, offering excellent scope for repositioning, re-letting, or redevelopment, subject to the necessary consents.
Above, the property benefits from an unused attic space with further development potential. Additionally, there may be an opportunity to extend the property to the rear to create additional accommodation or reconfigure the commercial layout, subject to planning permission
This asset presents both immediate income and significant asset management and development upside, making it suitable for investors seeking stable yield with long-term enhancement potential.
Location
Situated on Dermody Road in Lewisham, the property enjoys excellent transport links and strong local amenity. Both Lewisham Station (National Rail, DLR) and Hither Green Station are within easy walking distance, offering fast connections to London Bridge, Cannon Street, Charing Cross, and Canary Wharf.
Nearby amenities include:
Above, the property benefits from an unused attic space with further development potential. Additionally, there may be an opportunity to extend the property to the rear to create additional accommodation or reconfigure the commercial layout, subject to planning permission
This asset presents both immediate income and significant asset management and development upside, making it suitable for investors seeking stable yield with long-term enhancement potential.
Location
Situated on Dermody Road in Lewisham, the property enjoys excellent transport links and strong local amenity. Both Lewisham Station (National Rail, DLR) and Hither Green Station are within easy walking distance, offering fast connections to London Bridge, Cannon Street, Charing Cross, and Canary Wharf.
Nearby amenities include:
- Lewisham Shopping Centre and High Street retail
- Multiple supermarkets, independent shops, cafés, and takeaways
- Local parks, leisure centres, pubs, and green spaces
- Strong local rental demand from students and young professionals
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