Freehold Victorian investment with immediate income and vacant commercial upside.
Freehold Victorian mixed‑use on Balham High Road, 0.3 miles from station
A freehold Victorian mixed‑use building on Balham High Road offering immediate rental income and clear upside. The property extends to approximately 1,848 sq ft and includes a vacant commercial unit plus two upper residential flats currently let on ASTs. ERVs are reported at £99,000 pa; once the commercial unit is let the building is estimated to achieve that income, offering a projected gross yield of around 9% at the guide price.
Period character and high ceilings give the building strong street presence and rental appeal in this busy, inner‑city location 0.3 miles from Balham station. Nearby amenities, markets, eateries and good schools add to tenant demand for both residential and commercial uses. The commercial unit is vacant, presenting an opportunity to secure a new tenant or repurpose the space to increase income.
Considerations are straightforward: the plot is small, there is only one bathroom across the residential accommodation, and the area records higher crime levels—factors that may affect rental values and insurance costs. The building will suit investors comfortable managing mixed‑use units and overseeing light refurbishment to maximise returns. Overall, this is a hands‑on freehold investment with immediate income and clear leasing upside in a strong Balham location.
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