Property for sale in Herbert Road, London, Greater London SE18
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Property features
- DA0601
- Vacant Possession
- Entire Freehold
- Shop
- Three Bedroom Flat
- Lounge, Kitchen and Large Bathroom
- Garden
- Fantastic Location
- Busy High Street
- South East London
Property description
DA0601- Introducing an exceptional investment opportunity offering a freehold mid-terraced shop with upperparts, presented with vacant possession of the flat. Situated on the bustling Herbert Road, SE18, this property boasts a prime location within close proximity to Greenwich and Woolwich town centre, making it a lucrative investment for those seeking a strategic position in a thriving urban setting.
The ground floor of this versatile property features a spacious retail unit with an open-plan reception area leading to a well-designed storage space, a convenient W/C, and a functional kitchen. The shop, currently leased on a 5-year agreement, generates a monthly income of £13,000, providing a stable and attractive return on investment.
Additionally, this property encompasses a three-bedroom residential maisonette with a private entry off Herbert Road, conveniently situated next to the shop entrance. The spacious apartment offers a comfortable and modern living space, complemented by a garden for residents to enjoy.
The local area adds significant value to this investment, as Herbert Road is part of a vibrant high street featuring essential amenities such as The Post Office, mini markets, takeaways, bars, restaurants, and various other businesses. The dynamic nature of the surroundings ensures a steady flow of foot traffic, enhancing the visibility and potential success of the commercial space.
Currently priced at £530,000.00, this property represents a compelling investment opportunity, with the residential component estimated to yield an additional £18,000 per annum. Don't miss out on this chance to acquire a well-positioned, income-generating property in the heart of a thriving urban community. Enquire now to secure your viewing and explore the potential for your investment portfolio.
Property info
For more information about this property, please contact
eXp World UK, WC2N on +44 330 098 6569 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by eXp World UK, and do not constitute property particulars. Please contact eXp World UK 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.