£60,000

1 bed flat for sale
Avery Hill Road, Avery Hill SE9

    • 1 bed

    • 1 bath

    • 1 reception

  • Non traditional

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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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    More information

    • Tenure

      Non-traditional

    • Council tax band

      D

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    Property descriptions and related information displayed on this page are marketing materials provided by - Homes Partner. 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 Homes Partner for full details and further information.