The subject mixed-use property is part of a parade of similar properties in a popular area of Crystal Palace town-centre.
The freehold on offer includes the ground floor commercial unit and ground floor studio flat. There are two flats above which are sold off on long leases (92 years unexpired), these are not included within the sale.
The ground floor rear studio flat (known as 2 Stoney Lane) measures 269sqft internally and is currently rented on a standard AST at a passing rent of £1,150 per month / £13,800 per annum. The ground floor and basement commercial unit measures 871sqft internally is currently rented to a fitness studio operator at a passing rent of £1,600 per month / £19,200 per annum.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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.