Freehold Mixed-Use Investment

An opportunity to acquire an unbroken freehold building comprising nine residential flats and two ground floor retail units in Wallington.

The property produces a current passing rent of £106,840 per annum, reflecting a yield of 7.57% at the quoting level, with scope to increase income and move returns closer to 10% through structured asset management.

Income Profile

Residential – 9 Flats

Eight studio flats and one-bedroom units producing a total of £103,500 per annum. Individual rents range from £850 pcm to £1,150 pcm

The residential accommodation is arranged over ground, first and second floors, with unit sizes ranging from approximately 172 sq ft to 456 sq ft (GIA).

Commercial – 2 Ground Floor Units

Two retail units at ground level producing a combined income of £3,340 per annum

Total passing income: £106,840 per annum 

Asset Overview

• Freehold

• Unbroken block

• Nine self-contained flats

• Two ground floor retail units

• Established rental income

• Reversionary potential

  
  

The configuration offers diversified income across residential and commercial elements, reducing reliance on a single tenant profile while providing clear opportunities to enhance rental levels over time.