£2,400,000
Retail premises for sale
Property photos
£2,400,000
(£400.00/sq. ft)
Retail premises for sale
London Road, Norbury SW166,000 sq. ft
Local area information
Property location
Nearby amenities
- Norbury 0.1 miles
- Norbury Manor Primary School 0.3 miles
- Kensington Avenue Primary School 0.4 miles
- Streatham Common 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Norbury, Streatham and Streatham Vale to find out more about the local area.
Features and description
Residenza are pleased to present this fully let freehold mixed-use investment with future development potential (STPP), prominently located on London Road in the heart of Norbury.
The property comprises two ground-floor commercial units with four two-bedroom residential flats above, forming a well-balanced mixed-use asset with a strong tenant profile. The building is fully let and currently generates a total rental income of £175,700 per annum, reflecting an attractive gross yield of 7.17%.
Positioned on Norbury High Street, the property benefits from excellent footfall, strong visibility, and convenient transport links, within a vibrant residential and commercial area.
This presents a compelling investment opportunity with stable income and potential for future value enhancement (subject to planning permission).
Additional Information:
A 2% buyers fee is payable to the agent.
The property comprises two ground-floor commercial units with four two-bedroom residential flats above, forming a well-balanced mixed-use asset with a strong tenant profile. The building is fully let and currently generates a total rental income of £175,700 per annum, reflecting an attractive gross yield of 7.17%.
Positioned on Norbury High Street, the property benefits from excellent footfall, strong visibility, and convenient transport links, within a vibrant residential and commercial area.
This presents a compelling investment opportunity with stable income and potential for future value enhancement (subject to planning permission).
Additional Information:
A 2% buyers fee is payable to the agent.
More information
Listed by
Residenza Properties Tooting Ltd
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