Peckham High Street, Southwark, London
Size
2,549
Tenure
Freehold
EPC
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Parking
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- Primary use
- Mixed use
- Other use(s)
- Residential development
Key features
- Freehold for sale
- Three apartments - Two let under AST agreements
- LGF and GF commercial currently let to a hair salon (lapsed lease)
- Opportunity to re-gear commercial lease and improve yield
- Generates £77,200, equates to an 8.1% yield
- High-footfall location with strong long-term capital growth fundamentals
Description
Above are three self-contained apartments, one of which is vacant, which could generate a combined residential income of £56,400 per annum.
This asset offers both secure existing income and clear value-add potential, particularly through re-gearing the commercial lease, refurbishing the vacant flat, and reviewing rental levels in line with strong local demand.
A well-positioned mixed-use building in a consistently high-performing area, ideal for investors seeking stable income with uplift opportunities. At asking price the yield presented for this freehold asset is 8.1%, with value add opportunity through clever asset management.
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Floors in building
- 5
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Peckham High Street, Southwark, London
About Foxtons Limited, Resi Development & Investment
Foxtons Residential Development and Investment team, focusing on any sales from Capital Markets, Land, Development Opportunities and Investment stock. Covering the whole of London.
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Disclaimer - Property reference PTNY6207109. 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 Foxtons Limited, Resi Development & Investment. 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.