- Freehold investment for sale +
- 9 self contained rooms - each with private kitchen and bathroom +
- Estimated rental value of 139,200 GBP +
- 9.28 percent yield at asking price with the value add of the garages +
- Serious rental demand from professionals over 52 percent single-working residents nearby +
- Close to Catford and Lewisham +
- Large double garage with conversion potential STPP +
Presenting a fantastic investment opportunity - A freehold building comprising 9 self contained rooms, all with own kitchen and bathrooms. Double garage in garden which could be converted STPP.
A strong investment opportunity on sought-after George Lane in Lewisham, this freehold building comprises nine self-contained rooms, each with its own kitchen and bathroom - ideal for reliable, low-maintenance rental income.
The area offers excellent transport links, with 10 nearby train stations and 10 bus stops, including Ladywell, Hither Green and Lewisham within walking distance, plus DLR connections for fast access to Canary Wharf, Stratford and Greenwich. This connectivity makes George Lane particularly popular with professionals and single renters, who make up over 52% of the local demographic.
Investment fundamentals on the street are strong: George Lane has seen 15.7% capital growth and an impressive 43.3% rise in rental values over the past decade. Average rents now sit at around £2,497 pcm, with yields typically between 5.1%?7.0% *bricksandlogic.co.uk.
The property also benefits from a large double garage to the rear, offering clear potential for conversion or redevelopment (STPP), adding further value and flexibility.
With strong transport links, proven rental growth, consistent professional demand and scope for expansion, this freehold represents a high-performing and future-proof investment in a thriving SE13 location.
Located on a quiet residential road, moments from both Lewisham and Mountfield Parks. A short distance to the wide range of shops, eateries and transport links within both Catford and Lewisham.
Please use the reference CHPK0787133 when contacting Foxtons.