24/24B Combedale Road, London, SE10 0LG

This three-storey residential block presents a noteworthy investment opportunity in Greenwich, featuring a 3-bedroom maisonette and a 1-bedroom apartment. Currently generating an annual rental income of £53,400, with a gross initial yield of 5.84%, the property offers solid returns for investors. No. 24 (the maisonette) comprises approximately 807 sq ft, while No. 24B (the apartment) consists of about 570 sq ft, both benefiting from outdoor spaces—private garden and patio respectively. The property holds significant potential for development, including opportunities to extend into the loft and rear, pending necessary planning permissions, making it an attractive venture for those looking to enhance value over time. It is conveniently located within walking distance to Westcombe Park station with direct access to central London destinations including London Bridge and St Pancras. Moreover, the surrounding area is well-equipped with amenities such as shopping options at O2 and Greenwich Centre's leisure facilities. With existing tenancies secured until late 2025, this property offers immediate cash flow alongside promising prospects for future growth through strategic renovations or expansions.