3 bedroom block of apartments for sale

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3 bedroom block of apartments for sale

Deptford High Street, London, SE8
£800,000

Price History

Initial price £1,000,000
28/11/23 £900,000
14/12/23 £850,000
02/02/24 £900,000
16/10/24 £800,000
Price Change -20.00%

Description

This is a unique opportunity to purchase a mixed-use freehold building, comprising a commercial unit and two residential flats. The commercial unit is let on a long lease with 15 years remaining, generating £22,800 per annum, while the two flats are rented out for £13,200 and £11,400 per annum, respectively. Both the flats and commercial unit are currently below market value, offering potential for future increases in rental income. The property has a D EPC rating and is situated in a Band B council tax area.