Guide price
£450,000
Property for sale17 Honley Road, Catford, London SE6
Freehold
About this property
Freehold block with 3 studio flats for sale
Currently producing £33,350pa
Income uplifted to £34,500pa in Jan 2026
Let to guaranteed rent company until January 2028
Two flats (1x3 bed and 1x1 bed) in the block already sold off on long leases
Guide price: £450,000 (7.41% return)
A freehold residential building with three self-contained studio flats currently producing £33,500pa and two long leasehold flats sold off (one at 85 years unexpired and the other to be a new 150-year lease).
This residential investment is conveniently located just 0.1miles from the main high street in Catford and 0.5miles from both Catford & Catford Bridge Railway Stations.
The three flats are let to Willow Estates Ltd on a 4-year term expiring in January 2028. The rent roll will increase by £100pa in January 2026. There are no additional costs to the landlord as the tenant is responsible for council tax, bills and utilities.
Offered to the market at £450,000, this reflects a 7.41% return.
This residential investment is conveniently located just 0.1miles from the main high street in Catford and 0.5miles from both Catford & Catford Bridge Railway Stations.
The three flats are let to Willow Estates Ltd on a 4-year term expiring in January 2028. The rent roll will increase by £100pa in January 2026. There are no additional costs to the landlord as the tenant is responsible for council tax, bills and utilities.
Offered to the market at £450,000, this reflects a 7.41% return.
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