Summary - 145a Lewisham Way SE14 6QP
3 bed 3 bath Terraced
High-yield mixed-use asset with approved extension potential in SE London.
- Freehold mixed‑use building: three one‑bed flats and commercial unit
- Annual rental income £53,360 generating immediate cashflow
- Planning approved for two‑storey extension (DC/17/101994)
- Prime SE London location near New Cross and Deptford
- Constructed 1930–1949; solid brick walls, assumed no insulation
- Unknown glazing install date; energy upgrades likely needed
- Small plot and limited external amenity space
- Area crime rate above average; consider security measures
A rare freehold mixed‑use opportunity in SE London, this period conversion comprises three one‑bed flats plus a commercial unit, producing a current annual rental income of £53,360. The property sits close to New Cross and Deptford, with fast broadband, excellent mobile signal and strong local rental demand from nearby universities and transport links.
Planning permission is already approved for a two‑storey extension (Lewisham planning portal reference DC/17/101994), offering clear scope to increase value and income. The commercial unit presents flexible options for retail or workspace, while the flats are arranged to appeal to single professionals and couples seeking central south‑east locations.
Buyers should note material issues upfront: the building dates from the 1930s–1940s and has solid brick walls with assumed lack of cavity insulation, and the glazing install dates are unknown—so energy upgrades may be required. Crime levels in the area are above average, and the plot is small, which limits outdoor amenity and expansion at ground level.
This property suits investors or developers seeking immediate income with upside from permitted development. It requires some refurbishment and potential thermal upgrades, but the combination of freehold control, mixed income streams and planning consent gives clear routes to enhanced returns.
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