Summary - 78 HERMIT ROAD LONDON E16 4LF
1 bed 1 bath Flat
High-footfall shop with large flat above — ideal for mixed-use investors.
Generous combined size — approximately 1,402 sq ft overall
Ground-floor A3 commercial unit with two walk-in freezers included
Self-contained one-bedroom apartment with separate entrance
Freehold and chain-free — straightforward ownership title
Sold at auction via modern method; reservation fee and buyer pack apply
Constructed 1950–1966; solid brick walls, likely no cavity insulation
Area has very high crime and very high deprivation — affects demand
Double glazing unknown age; property likely requires refurbishment
A rare freehold mixed-use opportunity in E16 combining a ground-floor commercial unit and a spacious one-bedroom apartment above. The property totals approximately 1,402 sq ft and sits on a busy high-street, offering immediate trade visibility and separate access for each unit—suitable for an owner-operator or income investor.
The commercial ground floor has an established A3 use, two walk-in freezers and private W/Cs, making it ready for food or retail operations without major change. The first-floor apartment features a large reception, good-sized double bedroom, separate kitchen/diner and family bathroom, delivering flexible living or lettable accommodation. Chain-free freehold title adds transactional simplicity.
Buyers should note material considerations: the building dates from the 1950s–1960s with assumed uninsulated solid brick walls, double glazing of unknown age, and central heating via mains gas boiler and radiators. The surrounding area scores high on crime and deprivation indices, which will influence tenant demand and rental values. The property will be sold by auction under a modern method; a reservation fee and buyer information pack are part of that process—complete due diligence is essential.
For investors the combination of commercial A3 income and a self-contained flat provides mixed-use diversification and immediate trading potential. For owner-occupiers it offers the convenience of living above a business, but expect refurbishment and retrofit costs to improve thermal performance and modernise interiors.
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