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SOLD STC

Brixton Road, London, SW9

PROPERTY TYPE

Block of Apartments

BEDROOMS

7

BATHROOMS

3

SIZE

2,977 sq ft

277 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

A rare opportunity to acquire a mid-terrace, mixed-use building arranged over ground and two upper floors, consisting of a commercial unit on the ground floor, trading as a franchise operator of Cake Box, a ground floor flat and 2 upper floor flats

Each flat has undergone significant refurbishment, offering a turnkey investment opportunity in a sought-after Brixton location. The area provides excellent transport links, vibrant cultural attractions, and a diverse local community.
  • Flat A – A stylish 3-bedroom duplex unit featuring an open-plan living area with a modern kitchen, contemporary bathroom and patio garden. There is scope to further develop this flat
  • Flat B – A bright and airy 2-bedroom apartment with a spacious living/dining area, a fully fitted kitchen, and a sleek bathroom.
  • Flat C – A well-appointed 2-bedroom flat with an open-plan kitchen/living space and a modern bathroom, designed for comfortable urban living. There is precedence to create a rooftop terrace.
 
Brixton is a London Underground station on Brixton Road in Brixton in the London Borough of Lambeth. It is the southern terminus of the Victoria line and the next station towards north is Stockwell. The station is known to have the largest London Underground roundel on the network. Brixton Market comprises a street market in the centre of Brixton, south London, and the adjacent covered market areas in nearby arcades; Reliance Arcade, Market Row and Granville Arcade. The market sells a wide range of foods and goods but is best known for its African and Caribbean produce, which reflect the diverse community of Brixton and surrounding areas of Lambeth

User:
We believe the premises fall under Class E & C3 use of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020, however interested parties should confirm this with the Local Authority.

Local Authority:
London Borough of Lambeth.  

EPC:
The property has Energy Performance Certificates with the following ratings:
Commercial Unit: B (39)
Flat A: E (47)
Flat B: D (59)
Flat C: E (54)

VAT:
The property has not been elected for VAT purposes.

Legal:
Each party to bear its own legal costs.

AML:
In accordance with Anti-Money Laundering Regulations, we shall require additional
information from the purchaser/tenants so that an online verification can be undertaken.

Accommodation & Tenancy Schedule:
The property offers the following (NIA) approximate dimensions;


FloorDescription TenantLease expirySqmSqFtIncome














Ground floorCommercialCake Box Franchisee24/02/203176.18820.00 £             20,000.00
Ground/1stRear Duplex - 3B MaisonetteIndividual 30/06/202572.93785.00 £             33,120.00
1st FFF - 2B FlatIndividual 31/03/202572.00775.00 £             25,200.00
2ndSFF - 2B flatIndividual28/2/202655.46597.00 £             25,164.00














TOTAL


276.572977.00 £103,484








Tenure:
Freehold subject to the existing tenancies.

Terms:
Offers are invited in the region of £1,700,000 for the property subject to the existing tenancies. A purchase at this level provides a NIY of 5.75% after allowing for purchasers standard cost at 5.88%.

Service Charge:
To be confirmed.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Brixton Road, London, SW9

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About Willmotts, London

12 Blacks Road, Hammersmith, London, W6 9EU
Industry affiliations:

William Taper, MRICS, BSc (Hons) and the Residential team at Willmotts always give first class service from their head office in London. Established since 1856 they have gained a reputation for professionalism, knowledge, honesty and are very results driven.

As members of the Guild of Professional Estate Agents and RICS we are property experts. We pride ourselves on our expertise, staff retention and love of property.

Expert evaluation of your property is the key to a successful letting and sale. We work hard to deliver a professional and efficient service that does not lose sight of the basics. We have been established in West London since 1856.

Willmotts CMP - Propertymark Client Money Protection scheme

Main Scheme Member Willmotts Scheme Ref: C0014642

Property redress Scheme - Willmotts are members of

The Property Ombudsman scheme: free, fair & impartial redress (tpos.co.uk)

We have a high rate of repeat customers and most of our new business comes from referrals as we are very good at what we do and have a passion for property. Whatever your property needs, we can help, contact us today.

Contact William and the team at Willmotts today.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£8,102
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference WILL2000BF7. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Willmotts, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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