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55-57 High Street, Beckenham, Kent

South East

£850,000

Listed on 09/06/2026

Property details

Bedrooms
N/A
Type
Mixed Use
Area
2170 sqft

Description

This unique mixed-use freehold property presents an exceptional investment opportunity on Beckenham High Street. The commercial unit, leased to a convenience store for over two decades, generates a stable annual income of £20,000, with the next rent review scheduled for September 2025. Above this retail space, there are two residential flats that will become vacant upon sale completion. The mid-floor flat is currently tenanted but will be available soon after notice has been served. Originally converted from commercial space in 2015, this flat provides a solid foundation for rental income. Meanwhile, the top floor flat is vacant and offers significant potential for refurbishment to enhance its rental appeal. Each flat measures approximately 65sqm and 60sqm respectively. Additionally, the property holds the possibility for development at the rear over the parking area, which accommodates up to four vehicles, subject to planning permission (STPP). This offering allows an immediate acquisition while adhering to the existing commercial lease arrangement.

Investment analysis

(BR3 area)

Below Market Value

This property is priced -28.4% below area average per sq ft

-28.4%
Potential saving
This Property
£392/sq ft
Area Average
£547/sq ft
Avg Rent (weekly)
£439
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£1,306,405
10% above area average per sq ft
Potential ROI
+46.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BR3)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -0.4%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on BR3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

55-57 High Street, Beckenham, Kent
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,211
Based on a loan of £637,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

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