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5 bed semi-detached house
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The property is a mixed-use freehold on Melbourne Grove in East Dulwich, featuring a ground floor commercial unit and two lawful residential flats above. The commercial unit is let until 2025, generating £76,800 per annum in historic rental income, while the residential units are currently vacant. The building has strong planning potential, allowing for extension upwards and to the rear (subject to planning permission), which could unlock significant value and future income growth. The property is situated in a vibrant location next to East Dulwich Station and surrounded by local shops, cafés, and amenities.