Honor Oak Park, London, SE23
- PROPERTY TYPE
Mixed Use
- SIZE
Ask agent
Key features
- Income of c. £87,500 when fully let
- Gross yield of 5.8%
- Desirable location
Description
An opportunity for investors to acquire a freehold property, that once fully let, will generate a gross yield of c. 5.8%.
Currently producing £36,500 p.a. When fully let, this figure will rise to c. £87,500 p.a.
The property is arranged over ground, first and second floors. The ground floor commercial is occupied by Sainsbury and there are two flats sold on long leases, two vacant flats and two currently let on AST?s. The two vacant and two let flats have been recently refurbished to a high standard. All flats have terrace areas included.
Location
Situated a 1 minute walk from Honor Oak Park Overground station with access to London Bridge in 17 minutes.
Accommodation
1 x 2 Bed Split Level Maisonette
1 x 2 Bed 2 x 1 Bed (1 x Study)
2 x Flats (Sold ? Long Leases)
Commercial Unit (Sold ? 999 Year Lease)
Method of Sale
The property is being offered for sale via Informal Tender.
VAT
We understand that the property is not elected for VAT
Tenure
The property is available by way of a freehold sale.
Price
Offers in excess of £1,500,000
Enquire now for the full info pack.
Brochures
Brochure 1Honor Oak Park, London, SE23
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Honor Oak Park Station0.1 miles
- Crofton Park Station0.5 miles
- Forest Hill Station0.8 miles
About the agent
Pedder, Commercial
93 Queens Road London SE15 2EZ
Pedder is a family-owned, family-run estate agency and property services company. We have been in business since 1978 and, with nine offices we have a strong presence in South East London.
We are a company that believes in honesty, integrity and responsibility. In a marketplace that is dominated by small outfits and corporate chains, we value our size, professionalism and independence.
Because we have been in the area for so long and have so many offices close together, we have a
Notes
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