Block of flats for sale in Battersea Rise, London SW11

Guide price £1,250,000 (£604.16/sq. ft)
Interested in this property? Call +44 20 8033 5526 * or Request Details

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Block of flats for sale

2,069 sq. ft*

Property features

  • Mixed use Freehold
  • Excellent Investment Opportunity
  • Restaurant on the ground floor
  • Two residential apartments above
  • Sold with the benefit of tenants in situ
  • Total passing rent is £73,200 pa, and an erv of £83,000
  • Located between Clapham Junction and Clapham Common

Property description

28 Battersea Rise is a mixed use freehold in a sought after location between Clapham Junction and Clapham Common. The freehold has a restaurant on the ground floor and two residential apartments above. The building is being sold with the benefit of tenants in situ.

Ground Floor - Use Class E - 821 Square Feet - £30,000 pa passing rent

First Floor - Residential apartment - 581 square feet - £16,800 pa passing rent

Second Floor - Residential apartment - 667 square feet - £26,400 pa passing rent

The total passing rent is £73,200 pa, and the erv £83,000. The estimated break up value of the three units, if sold on the open market with vacant possession, is £1,375,000.

Battersea Rise is a hugely popular location close to both Clapham Junction and Clapham Common. The area is popular with young professionals given the transport links from Clapham Junction train station and Clapham Common underground, open spaces of Clapham Common and variety of restaurants, bars and amenities around Northcote Road and Clapham.

For sale is the unbroken freehold. The property is not elected for VAT.
Floorplan(s): Commercial Floor Plan 28A Floor Plan 28B Floor Plan

Commercial Floor Plan View original

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Dexters - Development and Investments London, KT6 on +44 20 8033 5526 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dexters - Development and Investments London, and do not constitute property particulars. Please contact Dexters - Development and Investments London for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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