Melbourne Grove, East Dulwich, London, SE22

This mixed-use freehold property presents an exceptional opportunity for investors and developers in the highly desirable East Dulwich area. Located on Melbourne Grove, the property features a ground floor commercial space alongside two residential flats above, both of which are currently vacant. Previously operated as a House in Multiple Occupation (HMO), this space is now ready for new ventures with full vacant possession. Historically, the property generated an annual rental income of £76,800, but with strategic planning enhancements—including potential upward and rear extensions (subject to planning permission)—there’s significant upside to realize a projected income of £96,000. The commercial unit was set to be leased until the end of 2025 but offers flexibility moving forward. Nestled amidst a vibrant scene of local shops and cafes, and just steps from East Dulwich Station, this location benefits from continuous demand. With its versatile layout and income-generating capacity, this building is an attractive prospect for those seeking to capitalize on its renovation and investment potential.