£550,000
(£353.02/sq. ft)
Retail premises for saleRowan Road, London SW16
1,558 sq. ft
About this property
Residenza are proud to present this freehold investment opportunity located on the borders of Streatham and Mitcham, situated on Rowan Road, SW16.
The property comprises one large commercial shop currently split into two retail units, with three residential rooms, a bathroom, and a kitchen on the first floor. The property also offers future extension potential (subject to planning permission).
Tenancy Schedule
Residential:
Room 1: Tenancy commenced 05/06/2024; £10,200 per annum
Room 2: Tenancy commenced 19/09/2023; £8,400 per annum
Room 3: Vacant
Commercial:
19 Rowan Road: Lease commenced 08/05/2023 for a term of 7 years; £10,000 per annum
19A Rowan Road: Lease commenced 08/05/2023 for a term of 5 years; £7,000 per annum
Total Rental Income: £35,600 per annum (with one vacant room)
Gross Yield: 6.47%
This represents a strong mixed-use investment opportunity with immediate income and asset management potential in a well-established South London location.
To arrange a viewing or request further information, please contact our commercial sales team.
The property comprises one large commercial shop currently split into two retail units, with three residential rooms, a bathroom, and a kitchen on the first floor. The property also offers future extension potential (subject to planning permission).
Tenancy Schedule
Residential:
Room 1: Tenancy commenced 05/06/2024; £10,200 per annum
Room 2: Tenancy commenced 19/09/2023; £8,400 per annum
Room 3: Vacant
Commercial:
19 Rowan Road: Lease commenced 08/05/2023 for a term of 7 years; £10,000 per annum
19A Rowan Road: Lease commenced 08/05/2023 for a term of 5 years; £7,000 per annum
Total Rental Income: £35,600 per annum (with one vacant room)
Gross Yield: 6.47%
This represents a strong mixed-use investment opportunity with immediate income and asset management potential in a well-established South London location.
To arrange a viewing or request further information, please contact our commercial sales team.
Mortgage calculator
Monthly repayment
£2,751 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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