Brixton Hill, London, SW2
£438.34 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,711 sq ft
159 sq m
- SECTOR
5 bedroom mixed use property for sale
- USE CLASSUse class orders: C3 Dwelling Houses and Class E
C3, E
Key features
- For Sale Via Auction - Prior auction purchase available
- Ground floor commercial (E class) sold with VP
- Uppers comprises of a 5 bedroom HMO
- Income from the freehold of a 1 bedroom duplex
- Total income £74,770 p.a, 10% yield
Description
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 comprises 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 £74,770 which represents a yield of 10%. This consists of the 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.
Brixton Hill, London, SW2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Streatham Hill Station0.8 miles
- Herne Hill Station1.0 miles
- Brixton Underground Station1.0 miles
About Foxtons Limited, London - Commercial
Building One, Chiswick Park, 566 Chiswick High Road, London W4 5BENotes
Disclaimer - Property reference 220brixtonhill. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Foxtons Limited, London - Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Foxtons Limited, London - Commercial on 020 3959 7424.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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