Investment Properties: The Woodman, London SE7

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The Woodman, London SE7

  • Freehold corner property comprising a ground floor shop with residential uppers
  • Ground floor has been sold off on a Long Leasehold and produces a ground rent of £500 per annum
  • 2 upper floors (total GIA c. 2,411 ft2) comprise 8 unmodernised studio units
  • A certificate of lawful development for a proposed use has been granted for four self-contained units and a HMO
  • ERV c. £73,300 per annum (£175/studio per week plus ground rent)