Grove Vale, London, SE22
Size
1,280
Tenure
Freehold
EPC
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Parking
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- Primary use
- Mixed use
Key features
- Mixed use
- Excellent location
- High yield
Description
The ground floor is a vacant commercial unit (119 sqm) in need of refurbishment, and there is a 3 unit HMO on the first and second floors. Rental income from the HMO is £43,000 p.a.
The ground floor has planning consent to create a 2-bedroom, 66 sqm flat, and a 21 sqm commercial unit at the front. This has a GDV of upwards of £800k. This scheme has a £17,000 CIL liability and £29,000 AH liability.
There are two options for sale:
* The ground floor alone on a 999 year lease for £450,000
* The entire freehold building for £1,000,000
Summary:
* Vacant ground floor commercial unit
* Newly refurbished and tenanted HMO on uppers
* Current rental income of £43,000
* No VAT
* Freehold or long leasehold
Location:
East Dulwich is a very desirable area in East London. It is known for its cafes, restaurants and sushi pubs.
The property is situated on an established parade, 1 minutes' walk from East Dulwich station, and near the green spaces on E Dulwich rd.
Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.
- Service charge
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- Business rates
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- Use class
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- Listed building
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- Floors in building
- 3
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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Brochure
Grove Vale, London, SE22
About Vanderwald Estates Ltd, Edgware
Welcome to Vanderwald Estates, your trusted partner in commercial property investments.
At Vanderwald, we understand that investing in real estate is a significant decision, one that requires expertise, precision, and a deep understanding of the market. With years of experience and a proven track record, we are your dedicated Investment Estate Agents, committed to helping you achieve your financial goals through strategic real estate investments.
Our network of property professionals, as well as buyers and sellers in the property investment market, allow us to bring you lucrative opportunities tailored to your specific investment objectives. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking guidance on your first investment, we're here to provide personalized solutions that maximize your returns.
Each asset that we bring to market is analysed internally to ensure that deal presents a genuine opportunity. This sets us apart from other agencies who simply act as middlemen.
If you are looking to divest of a property, speak to us as well to see how we can work on your behalf to help you achieve your goals.
Explore our website to to see how we can assist you, either as a buyer or a seller.
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Disclaimer - Property reference Grovevale. 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 Vanderwald Estates Ltd, Edgware. 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.