The Acorn Group is London’s largest multi-brand estate agency. We offer our clients the best brands, with the best people, in the best locations.

 

Close

£800,000 freehold

23 Penge Road, London, SE25 Ref: 33976

An opportunity to purchase a four storey period building arranged as 4 x 1 bedroom flats. The property is let and currently generating £52,200pa. Flats A and D are let on ASTs of which one is holding over and the other ends in January 2025. Flats B and C are let on a two year lease to Easymove Estate & Letting Agents that expire in April 2025. There is clear potential to increase the rental income over time.

There is a garden to the rear which currently is only accessed by the lower ground flat A. The property is double glazed throughout. There are fire doors on each flat and an interlinked Chubb fire alarm system which Chubb maintain. All flats have EPC 'C' ratings. The property is compliant with up to date gas safety and electrical certificates.

Top