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A mixed use freehold property for sale in a sought after location on Brixton Hill, the property consists of a commercial unit, and a well appointed 5 bed HMO, and the freehold for a 1 bed duplex.
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020 7973 2020Foxtons 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 consists 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 £71,890 which represents a yield of 7.2%. This consists of a 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.
Lease details, service charges, ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
Calculations by Alexander Hall Mortgages
Streatham Hill station
Zone: 3
Herne Hill station
Zone: 2/3
Tulse Hill station
Zone: 3
The property is well located close to a wide range of shops and amenities in Brixton and Streatham Hill, and is within easy reach of the beautiful green spaces and leisure facilities of both Clapham, and Brockwell Park.
Brixton Hill locals have kindly shared their favourite places to go...
The best Caribbean food and the rum punch really packs a punch! The platter is amazing and the saltfish fritters with the gravy are unbelievable...
As well as sublime sausage and stilton rolls, the Ginger Pig sells a great variety of lunch treats. Limited vegetarian options, but they do serve many of their products with rocket.
A great place for an early morning run, where you feel like you aren't even in London - yet you are only 10 minutes from central London on the Victoria line. There are tennis courts, a gym and a Lido too if running isn't your thing.
Discover more places around Brixton Hill
Call Foxtons NH - Central & Investments
020 7973 2020
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Foxtons NH - Central & Investments
Building One Chiswick Park
London
W4 5BE
Call 020 7973 2020
Our mortgage partner Alexander Hall will be in touch to assist