Brixton Hill, London, SW2
£537.96 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,673 sq ft
155 sq m
- SECTOR
5 bedroom mixed use property for sale
- USE CLASSUse class orders: C3 Dwelling Houses and Class E
C3, E
Key features
- Mixed use freehold sale
- Ground floor commercial (E class) sold with VP
- Uppers comprises of a 5 bedroom HMO
- Income from the freehold of a 1 bedroom duplex
- Total income £71,890 p.a, 7.2% yield
Description
The property consists of a commercial unit, sold with vacant possession. The uppers comprises of a well appointed 5 bed HMO, which is finished to a high standard, and the freehold for a 1 bed duplex (sold on a long lease).
The total income for the building is £71,890 which represents a yield of 7.2%. This consists of the commercial, currently operated as a hair salon, but will be sold with vacant possessions. The HMO is currently let on 5 separate ASTs to young professionals, so is an ideal income producing asset.
Flat 1 has been sold on a long lease, and is generating a yearly ground rent.
Brixton Hill, London, SW2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Streatham Hill Station0.8 miles
- Herne Hill Station1.0 miles
- Brixton Underground Station1.0 miles
About Foxtons Limited, London - Commercial
Building One, Chiswick Park, 566 Chiswick High Road, London W4 5BENotes
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