Summary - 19b Merton High Street, LONDON SW19 1DF
1 bed 1 bath Block of Apartments
**Standout Features:**
- Mixed-use freehold property with double retail shop and three residential flats.
- Total rental income of £64,800 p.a., with an estimated rental value (ERV) of £75,000 p.a.
- Large, well-situated commercial space (3,591 sq. ft.) with dual access.
- Conveniently located just 0.3 miles from South Wimbledon Station and 0.4 miles from Colliers Wood Station.
- Residential units comprise a 1-bed, a 2-bed, and a spacious 3-bed flat.
- Future development potential, with approved planning applications in the vicinity.
**Property Summary:**
For savvy investors and developers, this mixed-use freehold property on Merton High Street, London, presents an exceptional opportunity. Comprising a double retail shop and three residential flats (1x 1 bed, 1x 2 bed, 1x 3 bed), this asset generates a substantial income of £64,800 annually, offering both immediate cash flow and promising growth potential given the estimated rental value of £75,000.
Spanning a generous 6,039 sq. ft., the commercial space is adaptable and strategically located near major transport links, enhancing its appeal to tenants and customers alike. With schools rated 'Good' and 'Outstanding' just a short distance away, this property is ideal for attracting families and professionals seeking a vibrant urban lifestyle.
While the property is currently being sold unconditionally with no planning history, nearby developments indicate potential for future expansion or renovation to maximize returns. Note that the energy performance ratings vary among the residential units, with opportunities for improvement. This strategically located asset is a rare find in a rapidly changing neighborhood—act quickly to secure this investment before it’s gone!
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