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Sponsored Get a Survey — free quotes via ReallyMoving
0 bed property
72-76 Elmers End Road, Penge, London
Planning
£1,100,000
-40.5%
Next Steps
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Price History
Initial price £1,850,000
Jun 11, 2026 £1,100,000
Price Change -40.5%
Our Summary
- An attractive opportunity to acquire a mixed-use investment with active asset management and development potential
- The upcoming vacancy of 72 Elmers End Road in December 2026 presents an opportunity to significantly enhance rental income (the unit is currently heavily underlet) and/or explore the conversion of the upper parts to residential use, subject to planning permission (STPP)
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Description
The property consists of three mid-parade mixed-use buildings, originally constructed in the mid-1900s, with a later rear extension. The current layout includes a ground floor commercial unit at 74-76 Elmers End Road, let to a hardware retailer, and a split-level commercial unit at 72 Elmers End Road, let to a gym operator who will vacate in December 2026. The buildings also contain four fully let, one-bedroom flats on the upper floors, accessible from the rear.