2 bedroom terraced house for sale

🌟 Mixed-Use Freehold Investment Property – Mitcham, CR4 🌟 Commercial Shop with 2 Flats Above | Development Potential | Rear Parking We are pleased to offer this well-located mixed-use property in Mitcham, CR4. The property comprises a ground-floor commercial unit, currently trading as a convenience store and off-license, with two residential flats above. It presents a fantastic opportunity for investors or buyers looking for a home with additional income potential. 🏡 Key Features: 🏪 Ground Floor Shop: Let on a 15-year FR&I lease at 23,500 per annum 🏠 Two Flats Above: • Flat 1: Let from 09 June 2025 at 1,300/month • Flat 2: Let from 26 July 2025 at 1,400/month • Total residential income: 32,400 per annum 💰 Total Rental Income: 55,900 per annum 🌿 Private Rear Yard: Space for cars or outdoor use 🏗️ Development Potential: Opportunity to extend upwards for additional flats, subject to planning consent 🔑 Upper Flats can be offered with vacant possession if required 📐 Floor Area: 1,829.86 sq.ft. Additional Information: Tenure: Freehold Council Tax Band: C Heating: Central heating Parking: On-site rear parking / gated Outside Space: Rear garden/yard Chain: Chain-free Possession: Tenanted (can be vacant on request) Asking Price: Offers in excess of 1,100,000 Buyer’s Costs: The purchaser is responsible for the seller’s legal costs and disbursements Why This Property is Ideal: Excellent investment opportunity with immediate rental income Prime location in Mitcham, close to shops, transport links, and amenities c Great potential to increase value through development Flexible options: live in part of the property, rent out the rest, or purchase as a full investment 📞 Arrange a viewing today to explore this rare investment opportunity in Mitcham!