Summary - 48, GROVE VALE SE22 8DY
1 bed 1 bath Mixed Use
**Standout Features:**
- Mixed-use property in a prime East Dulwich location
- Vacant 119 sqm commercial unit with renovation potential
- Established income-generating HMO on upper floors (£43,000 p.a.)
- Planning consent for a two-bedroom flat and additional commercial space
- Freehold or long leasehold options available
**Overview:**
Located in the bustling Grove Vale of East Dulwich, this mixed-use property offers an exceptional investment opportunity. The ground floor features a spacious commercial unit (119 sqm) that requires refurbishment but holds great potential for lucrative redevelopment, supported by existing planning permissions for a two-bedroom flat and a small commercial unit at the front. On the upper floors, a fully tenanted HMO is delivering a solid annual rental income of £43,000.
Families and investors alike will appreciate the vibrant community atmosphere, with numerous cafes, restaurants, and green spaces within walking distance, alongside excellent transport links just a minute away. The property is well-positioned in an area acknowledged for its desirable demographics and excellent local schools, making it an ideal choice for family living or enhancing rental appeal.
While the commercial unit needs work, the significant uplift potential and overall location signify a rare find in a highly sought-after area. Seize this opportunity to invest in an evolving neighborhood with both residential and commercial appeal, all while enjoying the benefits of a freehold property structure or a long-term leasehold. Act fast; opportunities like this don’t last long!
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