£1,200,000

(£480.33/sq. ft)

Property for sale
Old Kent Road, London SE1

    • 1 bath

    • 2,498 sq. ft

Eaton Green

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About this property

  • Investment Opportunity

  • Unbroken Freehold

  • Retail unit

  • 3 x 1 Bedroom flats

An excellent opportunity to acquire an unbroken freehold mixeduse investment property in a prominent position on Old Kent Road, a well-connected and rapidly evolving area of South East London. The property benefits from strong transport links into Central London and is surrounded by ongoing regeneration, making it an attractive long-term investment.

The building comprises a ground floor commercial unit and three self-contained one-bedroom flats above. The shop is currently let and produces an income of £24,500 per annum. Of the three residential units, two are currently tenanted and generate a combined income of £32,700 per annum, with the remaining one-bedroom flat expected to achieve approximately £18,000 per annum. This brings the total potential rental income to £75,200 per annum.

The total gross internal area is approximately 2,500 sq ft, arranged as follows:

Ground floor shop: Approx. 970 sq ft
Flat 1: Approx. 554 sq ft
Flat 2: Approx. 523 sq ft
Flat 3: Approx. 453 sq ft

All sizes are approximate.

This is a strong income-producing asset with further potential to enhance returns, ideally suited to investors seeking a well-located mixed-use property in London.

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