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4 bedroom terraced house for sale
Lower Road, Surrey Quays SE16
£900,000
Lower Road, Surrey Quays SE16
£900,000
Our Summary
- This freehold mixed-use property presents a compelling investment opportunity, ideally suited to property investors and developers alike
- Planning permission has been granted for a two storey rear extension, enabling the creation of an additional residential dwelling
- In our view, upon completion of the extension works, the development has the potential to achieve a gross annual income in the region of 85,000
- Planning permission
Description
This freehold mixed-use property in Surrey Quays offers a lucrative investment opportunity, comprising a retail unit, a one-bedroom apartment, and three en-suite HMO rooms. The property is fully tenanted, generating an annual income of over £60,000, and has been granted planning permission for a two-storey rear extension to create an additional residential dwelling. Strategically located in the heart of Surrey Quays, close to the Canada Water Masterplan, the property is poised to benefit from the area's ongoing regeneration and rising demand. Upon completion of the extension works, the development has the potential to achieve a gross annual income of £85,000, making it an attractive opportunity for property investors and developers.