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Summary

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.

Additional Information

For further information on this property please call 0208 672 7979 or e-mail tooting@residenzapropertiesltd.com