Summary - 16 Choumert Road,LONDON,SE15 4SE SE15 4SE
1 bed 1 bath Commercial Property
Immediate income with clear refurbishment upside in a vibrant South London location.
- Mixed-use Victorian building, approx. 760 sq ft over multiple storeys
- Ground-floor retail let at £900 pcm (rent unchanged 15+ years)
- First-floor self-contained one-bed flat let at £1,300 pcm
- Sold leasehold and offered at online auction 30 October 2025
- Requires modernization and investment to realise rental uplift
- Located in a deprived area with high local crime statistics
- Excellent transport links, fast broadband and strong local demand
- Legal pack review essential; leasehold terms may affect returns
A Victorian mixed‑use investment in Peckham offering immediate rental income and clear upside from refurbishment. The ground floor retail unit and a self‑contained one‑bed flat are both let, providing an existing income stream while the property requires modernisation to reach market rents.
Sold leasehold by online auction on 30 October 2025, the lot is priced to reflect its condition and long‑standing tenancy levels (no rent increase on the retail unit for 15+ years). The building totals approximately 760 sq ft across multiple floors and presents straightforward scope for cosmetic and systems upgrades to increase capital value and rental income.
Location benefits include strong transport links at Peckham Rye, fast broadband and an energetic local scene of cafés, shops and ongoing regeneration. Important considerations: the area records high crime and relative deprivation, the property needs modernisation, and leasehold terms and the legal pack must be reviewed prior to bidding.
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