£700,000

Block of flats for sale

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Guide price

£700,000

(£375.13/sq. ft)

Block of flats for sale

Lee High Road, London SE13

1,866 sq. ft

Local area information

Property location

Nearby amenities

  • St Saviour's Catholic Primary School 0.2 miles
  • St Matthew Academy 0.3 miles
  • Lewisham 0.4 miles
  • Lewisham 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Lewisham, Hither Green and Blackheath to find out more about the local area.

Features and description

  • Investment opportunity
  • Mixed use Freehold
  • The freehold comprises a shop plus 3 residential apartments
  • All sold with the benefit of tenants in situ
  • Total combined area of approx. 1,866 sq. Ft
  • The current rent totals £44,400 pa
  • Our estimation of the potential rent is £58,200 pa
  • Ideally located on a busy high street including retail stores such as Lidl and N
Investment opportunity to acquire a mixed use Freehold on Lee High Road, SE13.

This mixed use freehold comprises a shop plus three residential apartments, all being sold with the benefit of tenants in situ. The property is well located on Lee High Road, close to Lewisham.

Summary

Ground Floor - 1 x Commercial Class E - 554 square feet - 5 years remaining on lease

First Floor - Apartment A - 319 square feet

First/Second Floor - Apartment C - 603 square feet

Rear Ground - Apartment B - 390 square feet

Income

The current rent totals £44,400 pa. Our estimation of the potential rent is £58,200 pa given all units are currently under rented versus the estimated market rates.

Location

The property is ideally located on Lee High Road, a busy high street including tenants such as Lidl and Nandos. The property is popular with both students and young professionals given the proximity to the City of London, Canary Wharf and Goldsmiths University.

Tenure

For sale is the unbroken freehold.

Floor plans and tours

Floor plans (4)

Floor plan 1
Floor plan 2

More information

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Listed by

Dexters - Development and Investments London

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Blackheath
  6. Lee High Road

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