Property photos
Guide price
£800,000
(£343.94/sq. ft)
Land for sale
New Cross Road, London SE14Local area information
Property location
Nearby amenities
- New Cross 0 miles
- New Cross 0.1 miles
- Deptford Green School 0.2 miles
- Childeric Primary School 0.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for New Cross, New Cross Gate and Deptford to find out more about the local area.
Features and description
- Freehold
- Mixed-use investment opportunity
- 2x retail/commercial units
- 1x two-bedroom split level flat
389 New Cross Road features a retail unit of circa 30.5 sq. M (328 sq. Ft.) to the front. The unit is fully let on a 10-year lease from December 2025 achieving a current Gross Rental Income of £1,250 per calendar month / £15,000 per annum.
To the rear is a vacant retail unit of circa 94.5 sq. M (1,017 sq. Ft.) accessed via Grehan Mews to the rear of New Cross Road. Estimated Rental Value (erv) £2,083 per calendar month / £25,000 per annum.
A split level two-bedroom self-contained flat of circa 91.0 sq. M (981 sq. Ft.) occupies the first and second floor. The property has access via its own front door on New Cross Road. The self-contained flat is currently let on an Assured Shorthold Tenancy agreement achieving a Gross Rental Income of £2,100 per calendar month / £25,200 per annum.
Situated within the London borough of Lewisham, the property is conveniently located within 110 metres of New Cross station, New Cross is an interchange station between the Windrush line of the London Overground and National Rail services operated by Southeastern, located in New Cross in south-east London. The green space of Fordham Park is within 150 metres.
Tenure - Freehold hm Land Registry Title Numbers LN77684.
Floor plans and tours
Floor plans (2)
2 floor plans available
View the floor plans to understand the space and layout of this property.
More information
Listed by
Dexters - Development and Investments London
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Property descriptions and related information displayed on this page are marketing materials provided by - Dexters - Development and Investments London. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Dexters - Development and Investments London for full details and further information.