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3 bedroom block of apartments for sale
Deptford High Street, London, SE8
£800,000
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 in a prime location. The property consists of a commercial unit on the ground floor and basement, let on a long lease with 15 years remaining and a rent review due in three years, generating a rental income of £22,800 per annum. The first and second floors are residential units, a two-bedroom flat and a one-bedroom flat, respectively, which are both let and generating rental income below market value, at £13,200 and £11,400 per annum, respectively. The property has a D energy efficiency rating for both flats and commercial units, and is situated in a Council Tax Band B area.