Exceptional Freehold Investment Property in Camberwell, SE5 9PL
Overview
Introducing a remarkable investment opportunity in the highly desirable Camberwell area, SE5 9PL. This freehold property comprises residential and commercial units, each generating substantial income. With an asking price of £1.6 million, the property offers a robust gross annual yield of approximately 7.8% (£125,200), serving as an excellent investment vehicle.
Property Highlights
First Floor 4-Bedroom Flat
Ground Floor 4-Bedroom Flat (Rear)
Commercial Premise
Leasehold Second Floor Flat
Location & Area Benefits
Situated in the heart of Camberwell, the property is perfectly positioned to benefit from local amenities and excellent transport links. Plus, its proximity to Brixton provides access to an array of shopping centers, eateries, and entertainment venues. Whether you're looking for the lively atmosphere of city life or a tranquil residential setting, this area offers both.
Future Expansion Opportunities
An architect has advised that there is untapped potential to expand by creating a new flat in the loft space. The minimum achievable size for this additional flat is 45 sqm, offering another avenue to enhance the property's annual yield and overall investment appeal.
Investment Metrics
At the asking price of £1.6 million, the property's gross annual yield stands at £125,200, translating to a healthy return on investment. Given the promising annual yields, prime location, and future expansion opportunities, this is an investment not to be missed.
Tenure : Freehold