£900,000 /Sale price

*** GUIDE PRICE £900,000 - £950,000 ***Discover a unique investment opportunity with this freehold development, perfectly positioned in a prime South East London location. This period conversion thoughtfully combines residential comfort with commercial potential, presenting a compelling proposition for discerning investors.The property comprises three well-appointed one-bedroom flats, each designed to appeal to the strong local rental market. Complementing these residential units is a versatile commercial space, adding significant value and income diversity to the portfolio. This strategic blend ensures a robust annual rental income of £53,360, making it an attractive asset for those seeking a stable and rewarding return.Each of the three one-bedroom flats offers a comfortable and contemporary living environment, ideal for single professionals or couples drawn to the vibrant energy of SE London. The layouts are practical and inviting, featuring modern finishes that align with current tenant expectations. The commercial unit offers flexible space, suitable for a range of business ventures, thereby further enhancing the property's appeal and income-generating capabilities.Located moments from the bustling hubs of New Cross and Deptford, residents and businesses alike benefit from excellent transport links. Commuting into central London and beyond is effortless, with a choice of Overground and National Rail services readily available. This connectivity is a key driver of the strong local rental demand, ensuring consistent occupancy and attractive yields for the residential units.The surrounding areas of New Cross and Deptford are renowned for their vibrant cultural scenes, independent shops, diverse eateries, and green spaces. This dynamic environment creates a highly desirable lifestyle for tenants, which in turn contributes to the property's long-term investment viability. The proximity to Goldsmiths, University of London, also adds to the robust demand for rental accommodation in the vicinity.There is also planning approved for a two-storey extension, which can be found on the Lewisham planning portal DC/17/101994Please note that we are still looking into the council band and advertised as C, and the business is not affectedPersonal Interests Dec: In accordance with section 21 of Estate Agents Act 1979, we declare there is a personal interest in the property, the vendor of the property is an employee of this Estate Agent.Agents NoteWe may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Kallars Ltd.AML DisclaimerPlease note it is a legal requirement that we require verified ID from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.