£60,000
1 bed flat for saleAvery Hill Road, Avery Hill SE9
1 bed
1 bath
1 reception
About this property
Located in Avery Hill SE9 2BJ, this property offers a commercial shop to the front with a self-contained one-bedroom flat at the rear.
The residential unit is currently occupied and producing £1,200 per month in rental income, which covers the majority of the monthly rent, making this an extremely cost-efficient setup for a business operator.
The flat is currently rented to three occupants contributing £300 each per month, providing stable ongoing income.
This arrangement allows the commercial operator to benefit from substantially reduced effective occupancy costs, making it an attractive opportunity for both business owners and investors.
Financial Overview
Monthly Expenses
• Commercial Rent: £1,300
• Utilities (Gas, Electric & Water): Approx. £450–£500
Additional Costs
• Building Insurance: £350 per year
• Business Rates / Council Tax: £0
Rental Income
• Rear 1-bedroom flat: £1,200 per month
This setup creates a highly attractive financial structure, with rental income covering the majority of the rent.
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This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
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