4 bed terraced house for sale

Lower Road, Surrey Quays SE16

This freehold mixed-use property presents a compelling investment opportunity, ideally suited to property investors and developers alike. The premises comprise a ground floor retail unit, a self-contained one-bedroom apartment on the first floor, and three en-suite HMO rooms with a shared kitchen/lounge area arranged over the upper floors. Fully tenanted, the property has previously generated a combined annual income in excess of 60,000. Planning permission has been granted for a two storey rear extension, enabling the creation of an additional residential dwelling. Situated in the heart of Surrey Quays and in close proximity to the transformative Canada Water Masterplan, a major new urban centre. This property is exceptionally well positioned to benefit from ongoing regeneration and rising demand in the area. In our view, upon completion of the extension works, the development has the potential to achieve a gross annual income in the region of 85,000.

Nearest station: Surrey Quays (0.11 miles)
Borough: Southwark
Council tax band: D
EPC: C
Tenure: Freehold