Rowan Road, Streatham, London, SW16

This freehold mixed-use property presents a promising investment opportunity situated on the border of Streatham and Mitcham. The building features two commercial retail spaces on the ground floor and three residential rooms above, currently yielding solid rental income with room for growth through strategic renovations or extensions, subject to obtaining necessary planning permissions. The residential accommodation includes shared kitchen and bathroom facilities alongside one en-suite bathroom. Given the existing tenancies, the potential for a vacant room to be let out can further enhance profitability. The gross yield stands at an attractive 6.47%, making this property a viable option for investors looking to tap into an established South London location with both immediate revenue streams and future redevelopment possibilities.