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17 Honley Road, Catford, London

Guide Price
£450,000

Business rates & charges may apply

Acorn Limited, Acorn Commercial
SIZE

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SECTOR

Mixed use property for sale

Key features

  • Freehold block with 3 studio flats for sale
  • Currently producing £33,350pa
  • Income uplifted to £34,500pa in Jan 2026
  • Let to guaranteed rent company until January 2028
  • Two flats (1x3 bed and 1x1 bed) in the block already sold off on long leases
  • Guide price: £450,000 (7.41% return)

Description

A freehold residential building with three self-contained studio flats currently producing £33,500pa and two long leasehold flats sold off (one at 85 years unexpired and the other to be a new 150-year lease).

This residential investment is conveniently located just 0.1miles from the main high street in Catford and 0.5miles from both Catford & Catford Bridge Railway Stations.

The three flats are let to Willow Estates Ltd on a 4-year term expiring in January 2028. The rent roll will increase by £100pa in January 2026. There are no additional costs to the landlord as the tenant is responsible for council tax, bills and utilities.

Offered to the market at £450,000, this reflects a 7.41% return.

Brochures

17 Honley Road, Catford, London

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Catford Bridge Station0.5 miles
  • Catford Station0.5 miles
  • Ladywell Station0.6 miles

About Acorn Limited, Acorn Commercial

9 St. Marks Road Bromley Kent BR2 9HG

Notes

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Disclaimer - Property reference 36795FH. 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 Acorn Limited, Acorn Commercial. 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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