Prominent corner investment near Abbey Wood station with immediate shop income.
Freehold mixed-use building with prominent high-street corner location
This freehold mixed-use building on Wilton Road offers an immediate income stream from two ground-floor commercial units, producing £25,500 per year. A self-contained flat above is offered with vacant possession, presenting clear potential to increase overall rental income once let. The building occupies a prominent corner position on a busy high street and is a short walk from Abbey Wood station and the Elizabeth Line, which supports strong commuter demand.
The property is substantial in overall size (circa 1,400 sq ft) and sits in an urban area undergoing regeneration, which can support future rental growth or a change of commercial use subject to planning. The flat has been reported as recently redecorated with new flooring and central heating; access is via a rear/shared yard and external staircase, giving separate entry for residential use. The freehold tenure gives the owner direct control of both retail leases and the residential letting strategy.
Buyers should note several material negatives. The local area is classified as deprived with a very high recorded crime rate, which may affect tenant demand, insurance costs and management requirements. Details on internal room and garden sizes are unclear, and some descriptions conflict on the flat’s bedroom count—prospective purchasers should verify layout and measurements. One ground-floor unit is currently vacant, so immediate re-letting work or refurbishment could be needed to secure full occupancy.
Overall this is a hands-on investment suited to purchasers seeking a prominent high‑street asset near strong transport links, with scope to add value by letting the vacant flat and commercial unit. The location’s connectivity and mixed-use nature offer upside, but require active management to mitigate local socio-economic and security challenges.
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