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Wandsworth Road, Battersea, SW8 2LA

London

£775,000

Listed on 12/11/2026

The listing

Property details

Bedrooms
N/A
Type
Mixed Use
Area
2674 sqft

Features

  • Tenanted
  • Terrace

Description

This freehold mixed-use building is arranged over a basement, ground floor and upper levels, with a commercial unit and ancillary basement accommodation below two self-contained two-bedroom flats. The ground floor and basement are let for restaurant and hot food takeaway use under a lease running to December 2037, with four-yearly open-market rent reviews and the next review due in December 2029. The current commercial rent is £17,500 per annum. Each upper flat has a reception room, separate kitchen, two bedrooms and a bathroom. The residential accommodation is available with vacant possession on completion. The flats have previously been let at £2,000 per calendar month each, although these rents are not guaranteed for a future letting. A roof terrace is located at third-floor level. The building has an approximate gross internal area of 2,674 sq ft, subject to verification. The sale is subject to the existing commercial lease, while the vacant residential parts offer scope for refurbishment and reletting or other asset management, subject to condition and any necessary statutory consents. The freehold is offered at a private-treaty asking price.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

74out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £775,000, this freehold mixed-use property is priced well below the local average on a £/sqf basis, making the acquisition price a clear strength. The commercial unit and basement already provide rental income, while the two flats are offered with vacant possession, giving an incoming owner room to refresh and relet the residential accommodation. The dated kitchens, bathrooms and carpets look like a light, practical improvement project rather than a full overhaul.

The roof terrace adds useful outdoor space, though its finishes show weathering and would benefit from attention. Overall, this is a good opportunity for someone seeking a mixed-use asset with existing income and scope for straightforward residential improvements and active management.

Key opportunities

  • Acquire at a asking price well below the local average £/sqf, with the commercial unit and basement already producing income.
  • Refresh the two vacant flats and return them to the rental market; the listing reports previous combined residential rent of £48,000 per annum.
  • Improve the weathered roof terrace finishes and make better use of this distinctive outdoor amenity.

Key risks

None recorded.

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Map

Location

Wandsworth Road, Battersea, SW8 2LA
Loading map...

Transport

Nearest stations

  • Nine Elms Underground Station

    0.2 miles

    Underground · Nine Elms

  • Stockwell Underground Station

    0.5 miles

    Underground · Stockwell

  • Battersea Power Station Underground Station

    0.6 miles

    Underground · Nine Elms

  • Wandsworth Road Rail Station

    0.6 miles

    Train · Clapham

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£3,167
Based on a loan of £581,250 over 30 years at 5.13% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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

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