This expansive three-storey Grade II Listed property presents a unique opportunity for investors and developers seeking a project with significant potential. Originally constructed in the 18th century as a single-family residence, it has undergone various modifications over the years, most notably transitioning to a mixed-use building. Currently, the ground floor accommodates two commercial units—a vacant coffee shop and an operational hair salon—alongside a vacant church hall that includes kitchen facilities and restrooms. The upper floors feature multiple residential units: four let rooms with shared amenities on the first floor and a self-contained two-bedroom flat on the second floor. The property generates an annual rental income of £82,200 from existing tenants and includes valuable off-street parking and basement storage space.
Situated in the vibrant London Borough of Lambeth, just steps away from Stockwell tube station, this property boasts excellent transport links to central London and is close to a variety of shops, bars, and eateries. While it currently functions as a mixed-use property with established rental income, there is considerable scope for redevelopment or refurbishment to enhance its value further, subject to obtaining necessary planning approvals. Notably, this property is not located within a Conservation Area, providing more flexibility for renovation plans.
