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Summary
  • Freehold property comprising 34 residential apartments all of which are sold off on long leases producing £11,050 per annum in ground rent income
  • Planning permission for an additional 4-storeys to create 15 residential apartments (8 x 1 bed, 5 x 2 bed and 2 x 3 bed units) totalling 10,372sq.ft
  • 11 units for private sale with 4 allocated for affordable housing (London Living Rent)
  • Located within the Old Kent Road Opportunity Area, 0.6 miles to South Bermondsey train station
  • Offers invited in excess of £1,875,000 for the freehold interest
Summary
  • Freehold property comprising 34 residential apartments all of which are sold off on long leases producing £11,050 per annum in ground rent income
  • Planning permission for an additional 4-storeys to create 15 residential apartments (8 x 1 bed, 5 x 2 bed and 2 x 3 bed units) totalling 10,372sq.ft
  • 11 units for private sale with 4 allocated for affordable housing (London Living Rent)
  • Located within the Old Kent Road Opportunity Area, 0.6 miles to South Bermondsey train station
  • Offers invited in excess of £1,875,000 for the freehold interest