Block of flats for sale in Courthill Road, London SE13

Fixed price £1,850,000 (£544.12/sq. ft)
Interested in this property? Call +44 20 3641 9157 * or Request Details

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Block of flats for sale 3,400 sq. ft*
Tenure: Not available Council tax band: Not available

Property features

  • Freehold Residential Block Investment
  • Comprises residential block including 3 x 2-Bed, 2 x 1-Bed and 1 x Studio
  • Large 2-bedroom basement flat benefits from having a garden at rear.
  • Total area size of 316 sq m (3,400 sq ft)
  • Located within walking distance from Lewisham High Street

Property description

Investment Consideration:
Gross Initial Yield: 4.73%
Rental Income: £87,420 p.a.
VAT is not applicable to this property
Comprises 3 x 2-bedroom flats, 2 x 1-bedroom flats and a large studio
Large 2-bedroom basement flat benefits from having a garden at rear
Total area size of 316 sq m (3,400 sq ft)
Located within walking distance from Lewisham High Street

Property Description:
The property comprises a five-storey residential block including 3 x 2-bedroom flats, 2 x 1-bedroom flats and a large studio. Large 2-bedroom basement flat benefits from having a garden at rear.

The property provides the following accommodation and dimensions:
Basement:
Flat 1B - 59 sq m (635 sq ft)
Ground Floor
Flat A - 34 sq m (366 sq ft)
Flat B - 76 sq m (818 sq ft)
First Floor:
Flat C - 53 sq m (570 sq ft)
Second Floor:
Flat D - 53 sq m (570 sq ft)
Third Floor:
Flat E - 41 sq m (441 sq ft)
Total area size: 316 sq m (3,400 sq ft)

Tenancy:
Flat 1B is at present let on an AST to an Individual for a term of 12 months from 26th October 2021 at a current rent of £19,200 per annum. Deposit held of £1,846.15.
Flat A is at present let on a Guaranteed Lease Agreement to tcpc Ltd for a term of 24 months from 26th January 2021 at a current rent of £12,600 per annum.
Flat B is at present let on a Guaranteed Lease Agreement to Smartspace Property Solutions Ltd for a term of 36 Months from 26th February 2021 at a current rent of £12,000 per annum.
Flat C is at present let on an AST to an Individual for a term of 12 months from 1st June 2022 at a current rent of £15,720 per annum. Deposit held of £1,511.53
Flat D is at present let on a Guaranteed Lease Agreement to Smartspace Property Solutions Ltd for a term of 36 months from 10th February 2021 at a current rent of £15,300 per annum.
Flat E is at present let on a Guaranteed Lease Agreement to N & N Property Management Ltd for a term of 36 months from 1st April 2021 at a current rent of £12,600 per annum.

Location:
Lewisham is a London borough in South London. Lewisham's commercial area is one of the largest in south-east London. Lewisham Shopping Centre opened in 1977, has 70 stores and is over 330,000 square feet. Shops include Marks & Spencer, W H Smith, Sainsbury's, H&M, tk Maxx, jd Sports, SportsDirect, Argos and Boots.. The property is located within walking distance from Lewisham High Street and a 10 minute bus ride to Lewisham Station which provides direct services to London Waterloo.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Blue Alpine Partners, SW1P on +44 20 3641 9157 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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