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