Located in the vibrant SE1 district, this property represents a unique investment opportunity for those looking to undertake an ambitious conversion project. The two adjoining office units, currently set up over basement, ground, and first floors, offer substantial internal space of approximately 1,784 sq ft and 1,556 sq ft respectively. This configuration not only provides a solid base for redevelopment but also allows for creativity in transforming these spaces into one or two stylish residential homes, enhancing their appeal in a sought-after London location.
With potential planning permission, there is also the possibility to merge both units into a large single residence that could showcase stunning loft-style living with impressive design elements. The long leasehold status (with around 972 years remaining) adds further security to this investment.
Situated conveniently close to Waterloo and Southwark stations, the property is embedded within an area known for its cultural vibrancy and ongoing development. This makes it an ideal candidate for those aiming to capitalize on the increasing demand for high-quality residential spaces in central London. The combination of flexibility and potential makes this a noteworthy prospect for serious investors or developers seeking to create distinctive living environments.