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£1,100,000

2 bed terraced house for sale
Sunnyhill Road, London SW16

    • 2 beds

    • 2 baths

    • 1 reception

Chain free
Freehold
Added on 05/12/2025

About this property

  • Communal garden

  • Off street parking

  • Central heating

  • Double glazing

  • Wood floors

🌟 Mixed-Use Freehold Investment Property – Mitcham, CR4 🌟

Commercial Shop with 2 Flats Above | Development Potential | Rear Parking

We are pleased to offer this well-located mixed-use property in Mitcham, CR4. The property comprises a ground-floor commercial unit, currently trading as a convenience store and off-license, with two residential flats above. It presents a fantastic opportunity for investors or buyers looking for a home with additional income potential.

🏡 Key Features:

🏪 Ground Floor Shop: Let on a 15-year fr&I lease at £23,500 per annum

🏠 Two Flats Above:
• Flat 1: Let from 09 June 2025 at £1,300/month
• Flat 2: Let from 26 July 2025 at £1,400/month
• Total residential income: £32,400 per annum

💰 Total Rental Income: £55,900 per annum

🌿 Private Rear Yard: Space for cars or outdoor use

🏗️ Development Potential: Opportunity to extend upwards for additional flats, subject to planning consent

🔑 Upper Flats can be offered with vacant possession if required

📐 Floor Area: 1,829.86 sq.ft.

Additional Information:

Tenure: Freehold

Council Tax Band: C

Heating: Central heating

Parking: On-site rear parking / gated

Outside Space: Rear garden/yard

Chain: Chain-free

Possession: Tenanted (can be vacant on request)

Asking Price: Offers in excess of £1,100,000

Buyer’s Costs: The purchaser is responsible for the seller’s legal costs and disbursements

Why This Property is Ideal:

Excellent investment opportunity with immediate rental income

Prime location in Mitcham, close to shops, transport links, and amenities
c
Great potential to increase value through development

Flexible options: Live in part of the property, rent out the rest, or purchase as a full investment

📞 Arrange a viewing today to explore this rare investment opportunity in Mitcham!

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Monthly repayment

£5,502 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.

More information

  • Tenure

    Freehold

  • Council tax band

    C

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