TypeResidential Investments

SE16 1 - 7 Old Jamaica Road, Bermondsey, London

TenureFor sale

1 - 7 Old Jamaica Road, Bermondsey, London, SE161/1

Specification

Building size
Building size8,986sqft
Property type
Property typeResidential Investments
Tenure
TenureFor sale

Description

5 storey building occupying the corner of Abbey Street and Old Jamaica Road

Currently comprising of 15 residential units and 2,500 sqft of F1 space

Investment opportunity currently generating circa £307,000 per annum

Estimated rental income of £444,000 per annum - Subject to rent reviews and planning

Opportunity for a comprehensive redevelopment following a positive pre-app

For sale freehold subject to existing AST tenancies

Offers are invited on an unconditional basis. STP offers may be considered but not preferred

Located 0.3 miles from Bermondsey Tube Station

Location

The block is a 6 minute walk (0.3 miles) from Bermondsey tube station, and a 20 minute walk (0.9 miles) from London Bridge station, both being served by the Jubilee Line with excellent fast transport links into the City and West End. From Bermondsey station Bond Street is only 11 minutes or six stops, Waterloo is 5 minutes or three stops, and Canary Wharf is 4 minutes or two stops. The City of London is only a 25 minute walk or just one stop on the Northern line from London Bridge.

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