Investment Properties: 214-222 Rye Lane, Peckham, London SE15 4NL

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214-222 Rye Lane, Peckham, London SE15 4NL

Guide price £3,100,000 subject to contract

  • Located within a five minute walk to Peckham Rye Station which offers direct train services into central London in as little as 10 minutes.
  • Five shop and upper parts consisting of three retail units (2 units across two shops) and five flats accessed via a gated rear entrance.
  • The five flats consist of 1 x 2 bed, 2 x 3 bed and 2 x 4 bed each arranged over three floors.
  • Overall total income £195,000 per annum.
  • NIA of residential element awaiting to be confirmed through floor plans but they are circa 5,300 sq ft.
  • Guide price £3,100,000 subject to contract, equating to a net initial yield of 5.91%, assuming purchaser’s costs of 6.46%.