Guide price
£1,100,000
5 bed property for saleRailton Road, Herne Hill, London SE24
5 beds
3 baths
3 receptions
Freehold
About this property
Freehold Investment Opportunity
Three separate flats
All recently renovated
Close to Herne Hill and Brixton Underground
Income of £71,160pa if tenancies continue
2,270 sq ft total
Outdoor space on two of the properties
Close to Brockwell Lido
Pedder is proud to present an attractive investment opportunity to acquire a fully income producing freehold building located between Brixton and Herne Hill, one of South London’s most consistently strong rental markets.
The property comprises three self contained residential flats totalling 2,270 sq. Ft across four floors. All units benefit from good natural light, high ceilings, and well proportioned rooms, and the building has been maintained to a good standard throughout.
Positioned moments from the amenities of Brixton and Herne Hill, the property offers excellent access to local cafés, restaurants, and shops, as well as the open green spaces of Brockwell Park and its iconic lido.
Transport connections are strong, with Herne Hill & Brixton, getting you into central London in under half an hour
All three flats are currently let on Assured Shorthold Tenancies, each with a proven long-term rental history. The building currently generates a combined annual income of £71,160 pa, providing a secure and immediate return for an investor
Accommodation
The freehold includes the following units:
•Flat 1 – One-bedroom lower ground floor with patio garden - Approx. 64.5 sq. M / 694.3 sq. Ft
•Flat 2 – Ground floor studio - Approx. 34.3 sq. M / 369.7 sq. Ft (including storage)
•Flat 3 – Three bed split level with roof terrace- Approx. 112 sq. M / 1205.7 sq. Ft
Together these form a substantial mixed layout configuration attractive for continued rental use or future reconfiguration (subject to consents)
EPC's Flat 1: C | Flat 2: C | Flat 3: C | Council Tax Band: C
The property comprises three self contained residential flats totalling 2,270 sq. Ft across four floors. All units benefit from good natural light, high ceilings, and well proportioned rooms, and the building has been maintained to a good standard throughout.
Positioned moments from the amenities of Brixton and Herne Hill, the property offers excellent access to local cafés, restaurants, and shops, as well as the open green spaces of Brockwell Park and its iconic lido.
Transport connections are strong, with Herne Hill & Brixton, getting you into central London in under half an hour
All three flats are currently let on Assured Shorthold Tenancies, each with a proven long-term rental history. The building currently generates a combined annual income of £71,160 pa, providing a secure and immediate return for an investor
Accommodation
The freehold includes the following units:
•Flat 1 – One-bedroom lower ground floor with patio garden - Approx. 64.5 sq. M / 694.3 sq. Ft
•Flat 2 – Ground floor studio - Approx. 34.3 sq. M / 369.7 sq. Ft (including storage)
•Flat 3 – Three bed split level with roof terrace- Approx. 112 sq. M / 1205.7 sq. Ft
Together these form a substantial mixed layout configuration attractive for continued rental use or future reconfiguration (subject to consents)
EPC's Flat 1: C | Flat 2: C | Flat 3: C | Council Tax Band: C
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Monthly repayment
£5,502 per month
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