202-204 Eltham High Street, Eltham, London

This is a distinctive opportunity for developers to take ownership of a freehold commercial property situated prominently on Eltham High Street. The building currently spans ground and first floors but comes with approved planning permission to expand into a four-storey mixed-use development. The proposed plans include retaining commercial space on the ground and first levels while adding two duplex apartments, each with two bedrooms, on the newly created third and fourth floors. Notably, the first floor had previously received permitted development rights for conversion into two one-bedroom flats, presenting an option for reconfiguration to maximize the new consent potential. The property features dual access points—one directly from the high street and another via Pound Place—which enhances its accessibility. The existing commercial unit aligns with various occupancy needs due to its flexible E use class designation. Given the current strong demand for residential rentals in Eltham, where one-bedroom flats typically command around £1,500 per month and two-bed units reach up to £1,900 monthly, there is significant investment potential here. Additionally, this spacious property of 2,350 sqft offers viable options for owner-occupiers interested in establishing restaurants, professional services, or healthcare facilities among other ventures.