A rare opportunity to purchase a freehold three storey Victorian building arranged as 6 flats within the sought-after Brockley Conservation Area.
The building is currently arranged as 4 studios and 2 x 1 bedroom flats and is producing a rental income of £79,440pa. The property is under let with market rental value being £94,000 - 96,000pa.
The property offers potential to convert back to a house or into a smaller number of large flats, subject to planning. There is also potential to extend at the rear as per similar properties in the road. There is a provision for off-street parking on a first come first serve basis.
The property is within the Brockley Conservation Area, however it is not Listed.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Acorn Commercial & Development - Bromley. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Acorn Commercial & Development - Bromley for full details and further information.