We're selling more mixed-use freeholds than anything else at present, and they continue to prove popular with owner-occupiers and investors alike. Debt for shops with residential upper parts seems to have dried-up a little, but that hasn't impacted on appetite in the market.
This tidy investment close to Sidcup Station comprised a vacant E class unit on the ground floor, with two small 1 bedroom flats above. The flats were underlet, and potential appeared to exist for extension to the rear. Several offers were received; and the property ultimately sold to a local cash buyer for £550,000. Again, we're keen to hear from anyone with a similar property to sell.
PROJECT ADDRESS: 5 Central Parade, Station Road, Sidcup, Kent DA15 7DH
Tom Luck
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