New Cross Road, London, SE14

This property presents a mixed-use investment opportunity comprising a substantial retail unit alongside a two-bedroom self-contained flat, offering considerable potential for renovation and development. The ground floor retail space spans approximately 110.6 sq. m (1,190 sq. ft.) and is currently leased to a tenant generating an annual rental income of £36,000. Above this, the split-level flat covers around 109.0 sq. m (1,173 sq. ft.) and also has reliable rental income of £24,000 per annum. Notably, there is scope for further development at the rear of the property, accessible via Grehan Mews, which could enhance its value—contingent upon obtaining necessary planning permissions. Situated in the London borough of Lewisham and just a brief walk from New Cross station, this location benefits from strong transport links and nearby green spaces like Fordham Park, making it an attractive area for future tenants or buyers looking to capitalize on growing demand.