Ready flats with a vacant shopfront in Bromley town centre.
Estimated rental value c. £65,000 per annum
A central mixed-use freehold on Widmore Road offering immediate vacant possession and a clear income opportunity. The building comprises a vacant ground-floor commercial unit plus three recently refurbished flats (one studio, two one-bed), with an estimated rental value of around £65,000 pa.
The upper flats have been finished to a modern specification and are ready for occupation or letting; some rooms are compact with relatively low ceilings typical of town‑centre conversions. The ground-floor retail unit has a full-width shopfront and roller shutter but requires internal refurbishment before re-letting or occupation.
Planning permission (ref 25/01841/FULL1) supported the conversion from a fully commercial property to the current mixed-use layout, simplifying future change-of-use risk. The property sits on a prominent high-street with strong pedestrian and transport catchment and immediate access to shops and amenities.
Considerations: the plot is narrow with no private garden and internal commercial works are needed. The surrounding area records very high crime levels, which may affect tenant demand and insurance costs. This opportunity suits an investor seeking a town-centre income asset or an occupier wanting on-site retail with separate residential accommodation.
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