78-79 Grange Road, London, SE1 3BW

This unique property features a ground floor double fronted commercial unit, currently leased to Medivet for the next 15 years at £27,630 p.a., alongside three self-contained flats on the upper floors. The first and second levels house two let two-bedroom apartments and a vacant one-bedroom flat that presents an excellent opportunity for reconfiguration into a two-bedroom layout, maximizing rental potential. Additionally, there is scope for extending the building footprint or adding another floor pending necessary approvals, which could substantially enhance living space and investment yield. The location in Bermondsey is highly desirable, providing access to local amenities and transport links, making this an appealing investment prospect with solid existing returns of £78,330 p.a., including potential income from the vacant flat once renovated.