Summary - FLAT TOP FLOOR, 75A MITCHAM LANE, LONDON SW16 6LY
1 bed 1 bath Mixed Use
Fully let mixed-use building producing £93,450 per year
Ground-floor Class E former bank with high visibility corner position
Two self-contained upper residential flats (one currently being re-let)
Freehold title; total approx. 3,162 sq ft, very large overall size
Built c.1900–1929 with period character and high ceilings
Electric storage heating; solid brick walls with no assumed insulation
Double glazing installed post-2002; fast broadband and excellent mobile signal
Area crime above average; consider management and insurance costs
A rare freehold mixed-use investment on Mitcham Lane, this attractive red-brick corner building combines kerb appeal with a reliable income stream. The ground floor Class E former bank provides prominent retail/Commercial space, while two self-contained upper flats deliver residential rent. The current gross income is £93,450 pa, with one flat in the process of being re-let.
The building dates from c.1900–1929 and benefits from period character, high ceilings at ground level and double glazing installed after 2002. Its location sits in a busy inner-city, well-connected neighbourhood with strong local amenities, good schools nearby, excellent mobile signal and fast broadband — features that support tenant demand.
Buyers should note practical maintenance and running-cost considerations: heating is by electric storage heaters and external walls are solid brick with no assumed insulation, which can affect energy efficiency and tenant bills. Crime levels in the area are above average; this should be factored into management and insurance plans. The property offers clear refurbishment potential to enhance yields and reduce operating costs over time.
Overall, this is a straightforward income-producing asset for investors seeking a freehold mixed-use building with immediate cashflow and scope to add value through energy upgrades and targeted refurbishment.
Commercial property for sale in London Road, Mitcham, Surrey, CR4 — £1,750,000 • 1 bed • 1 bath
Shop for sale in 906 London Road, Thornton Heath, CR7 — £650,000 • 1 bed • 1 bath • 2626 ft²
Commercial property for sale in London Road, Mitcham, Surrey, CR4 — £550,000 • 1 bed • 1 bath • 3500 ft²
4 bedroom end of terrace house for sale in Miles Road, Mitcham, Greater London, CR4 — £600,000 • 4 bed • 3 bath • 1099 ft²
Commercial property for sale in Brixton Hill, Brixton, London, SW2 — £1,600,000 • 1 bed • 1 bath • 892 ft²
Property for sale in Woodside Green, 21 Woodside Green, SE25 — £600,000 • 1 bed • 1 bath • 1355 ft²
