Melbourne Grove, East Dulwich, London, SE22

This freehold property presents a prime opportunity for investors and developers in the desirable area of East Dulwich, located on the prominent Melbourne Grove. The structure features a commercial unit on the ground floor, previously leased until 2025, along with two residential flats above that are currently vacant. Having previously operated as an HMO, this property is now available with full vacant possession, allowing for immediate renovation or redevelopment potential. The building’s strategic positioning next to East Dulwich Station and its proximity to a bustling array of local businesses, eateries, and amenities enhances its investment appeal. There are great possibilities for upward and rear extensions (subject to planning permission), which could significantly increase both value and rental income over time. Historical rental income figures indicate a robust potential return of around £76,800 per annum. Overall, this offering combines versatility with significant uplift potential in a constantly sought-after location.