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For SalePOA

Residential development opportunity for 8 flats

Flat, House, Residential , 4165 Sq Ft
Property type: Flat, House, Residential
Tenure: Investment Opportunity, For Sale Freehold
Size: 4165 Sq Ft
Price: POA
Location: 417-419 New Cross Road, London, SE14 6TA
The investment consists of 2 mid-terrace buildings arranged over 4 floors containing 8 self-contained flats (2x 1 bed and 6x 2 beds).

The 8 flats extend to 4,165 sq.ft NSA with a passing rent of £113,520pa (all let on ASTs).

There is potential to enhance the value via internal refurbishment.

New Cross Railway Station is within a 1 minute walk from the property.

The properties are available freehold subject to the existing tenancies.

Asking: £2,450,000 (reflecting a yield of 4.63%).
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