Bromley, BR1 Ref: 37230

Acting on behalf of our clients, a private investment group, Acorn Commercial successfully exchanged contracts on the acquisition of an unbroken freehold block comprising six fully let studio apartments in the heart of Bromley Town Centre. The property consists of an unbroken freehold interest producing a total annual income of £77,100, reflecting a gross yield of 7.5% at the agreed purchase price. The accommodation is fully let, providing immediate and stable income from completion.

With the continued regeneration of Bromley Town Centre and sustained demand for unbroken freehold residential blocks, the asset represented an attractive high-yielding investment in a well-established and sought-after South East London location. The acquisition offers our client secure long-term income together with future asset management potential.

PROJECT ADDRESS: 5 Ethelbert Road, Bromley, Kent BR1 1JA

Daniel Dennis

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