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55-57 High Street, Beckenham, Kent

South East

£850,000

Listed on 09/06/2026

Property Details

Bedrooms
N/A
Type
Mixed Use
Area
2170 sqft

Description

This is an exceptional opportunity to acquire a mixed-use freehold property situated on Beckenham High Street, offering significant value-enhancing potential. The ground floor is occupied by a convenience store that has been successfully operating for over two decades, generating a current rental income of £20,000 per annum with a rent review due in September 2025. Above the commercial space, there are two spacious 2-bedroom flats, both of which will be available upon completion of the sale. The midfloor flat is currently rented but will soon be vacant, while the top floor unit stands empty and requires some refurbishment to maximize its rental potential. Each flat measures approximately 65sqm and 60sqm respectively. Additionally, there’s an opportunity for development at the rear of the property (subject to planning permission) over the parking area accommodating up to four vehicles. This investment offers immediate availability following the conclusion of existing residential leases.

Investment Analysis

(BR3 area)

Below Market Value

This property is priced -28.7% below area average per sq ft

-28.7%
Potential saving
This Property
£392/sq ft
Area Average
£550/sq ft
Avg Rent (weekly)
£436
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£1,312,134
10% above area average per sq ft
Potential ROI
+47.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BR3)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -0.8%
5 year growth: +6.9%
Investment Disclaimer: Analysis based on BR3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

55-57 High Street, Beckenham, Kent
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,211
Based on a loan of £637,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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