£900,000
(£538/sq. ft)
5 bed property for saleBrixton Hill Road, Brixton Hill, London SW2
5 beds
1,673 sq. ft
- Freehold
Foxtons - Residential Development and Investment
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About this property
Mixed Use Freehold Sale
Ground floor commercial (E class)
Uppers is a 5 bed HMO
Finished to a high standard throughout
Excellently located moments from amenities and transport links
Flat 1 has been sold on a long lease
Total income £74,420 per annum, 8.2% yield
A mixed use freehold property for sale in a sought after location on Brixton Hill, the property consists of a commercial unit, and a well appointed 5 bed HMO, yielding 8.2%.
Foxtons is delighted to offer for sale this mixed use freehold property in a sought after location on Brixton Hill on the borders of Brixton, Brockwell Park, Clapham and Streatham Hill.
The property consists of a commercial unit, sold with vacant possession. The uppers consists of a well appointed 5 bed HMO, which is finished to a high standard, and the freehold for a 1 bed duplex (sold on a long lease).
The total income for the building is £74,420 which represents a yield of 8.2%. This consists of a commercial, currently operated as a hair salon, but will be sold with vacant possessions. The HMO is currently let on 5 separate ASTs to young professionals, so is an ideal income producing asset.
Flat 1 has been sold on a long lease, and is generating a yearly ground rent.
The property is well located close to a wide range of shops and amenities in Brixton and Streatham Hill, and is within easy reach of the beautiful green spaces and leisure facilities of both Clapham, and Brockwell Park.
Please use the reference CHPK1866418 when contacting Foxtons.
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