Unbroken freehold investments (regardless of whether they are residential, commercial or a bit of both) have proven particularly popular during 2017. This property is located on the main A2 on the outskirts of Greenwich, and comprises a ground floor restaurant with 6 small self-contained apartments in the upper parts. Offered majority vacant, our marketing focussed on the obvious active management and break-up potential. We had no shortage of interest, and quickly exchanged contracts with a private investor at a figure that reflects a 7% NIY on the ERV.
PROJECT ADDRESS: 78 Blackheath Road, London SE10 8DA
PROJECT VALUE: £1,400,000
Louis Markham
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