Property photos
Guide price
£2,895,000
(£255.38/sq. ft)
Block of flats for sale
Eltham High Street, Eltham SE9Local area information
Property location
Nearby amenities
- Eltham Church of England Primary School 0.1 miles
- StreetVibes Media Academy 0.3 miles
- Eltham 0.4 miles
- Mottingham 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Eltham, Eltham Park and Mottingham to find out more about the local area.
Features and description
• Prominent Mixed-Use Investment.
• Occupying a prime location on Eltham High Street, surrounded by retailers including Marks & Spencer, Lidl, Vue Cinema, jd Sports and many more.
• Comprising 1,053 sq m (11,336 sq ft) over ground and first floors.
• The property comprises a prime retail and residential parade including two commercial units on the ground floor, and seven flats on the upper floor comprising a mix of one/two and three bedroom flats.
• The retail space is let to Superdrug and German Doner Kebab with a current rental income of £116,000 per annum.
• The residential element comprises a mix of 4 x 1 beds, 2 x 2 beds and 1 x 3 bed benefitting from private balconies and with a current rental income of £129,000 per annum.
• The property produces a current passing rent of £245,000 per annum.
• Freehold.
Guide price of £2,895,000 (Two Million, Eight Hundred and Ninety Five Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this asking price would reflect a Net Initial Yield of 7.95% assuming standard purchasers costs of 6.44%, and a low Capital Value of £255 per sq ft.
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
More information
Listed by
Estate Office
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