Summary - 209A COLDHARBOUR LANE LONDON SW9 8RU
1 bed 1 bath Mixed Use
Large central site with flexible commercial use and strong transport access.
Opposite Loughborough Junction Station — excellent transport links
ERV approximately £60,000 per annum; clear rental potential
Total internal area c.1,744 sqft across commercial and residential
Sold with full vacant possession and long virtual freehold (843 years)
Four studio flats require modernisation and redecoration throughout
Basement vaults have low headroom and signs of damp — remedial works needed
No private garden; modest urban footprint limits expansion potential
Located in a high-crime, very-deprived area — expect higher management costs
A rare, unbroken mixed-use freehold opposite Loughborough Junction station, offering clear rental upside and redevelopment potential. The building includes ground-floor commercial space and four studio flats above, sold with full vacant possession and a virtual freehold railway half-arch. Prominent transport links and flexible Class E use make this attractive for income-focused buyers or operators.
Physically the property needs modernisation throughout: the studios require redecoration and updating, and there are basement vaults with low head height and signs of damp that will need remedial works. The site has no garden and a modest urban footprint, limiting scope for on-site expansion — refurbishment and reconfiguration are the likeliest value routes.
Financially the asset offers immediate ERV of £60,000 per annum against an OIRO of £595,000, with a total internal area of about 1,744 sqft and an unusually long virtual freehold (843 years). The commercial element’s Class E designation supports a wide range of uses (retail, café, office, clinic, light industrial), helping to future-proof leasing options.
Buyers should note the building sits in a high-crime, very-deprived inner-city area, which can affect tenant demand, management costs and insurance. This is a hands-on investment suited to purchasers prepared for renovation, active asset management and leasing in a busy Brixton location.
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