Summary - 203-205, RYE LANE SE15 4TP
3 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime high street location in vibrant Peckham, London
- Two tenanted retail units generating immediate income
- Additional income from ground rents from four residential flats above
- Gross yield of 9.27% at asking price
- Nearby amenities include restaurants, supermarkets, gyms, and entertainment
- Good pedestrian foot traffic and public transport access
- Class E usage allowing for retail/office flexibility
**Potential Concerns:**
- Located in an area with high crime rates
- Maintenance of older structures may be needed due to age
This retail property offers an exceptional investment opportunity in the bustling heart of Peckham, with significant foot traffic and a dynamic local community at your doorstep. Comprising two income-producing retail units alongside four residential flats, the property presents a lucrative gross yield of 9.27%, ensuring immediate returns from day one. With prominent neighboring businesses and an array of amenities—ranging from fitness centers to dining options—this location is well-suited for small businesses or could serve as a foundation for a thriving retail concept.
Despite the strong investment potential, it's important to note the area's high crime rate, which may affect long-term property value. Built in the early 20th century, the structure may require maintenance and modest renovations to align with contemporary standards. This combination of strategic positioning and investment potential makes it an intriguing proposition for investors aiming to capitalize on Peckham's growing attraction. Don’t miss this chance to secure a sought-after property in a vibrant, rapidly evolving district—opportunities like this don’t last long!
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