No longer on the market
This property is no longer on the market
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Area stats5 bedroom property
Key information
Features and description
- This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than two working days from the bidding closing time
- This listing is provided in association with Foxtons, London's leading estate agent.
- Mixed Use Freehold Sale
- Ground floor commercial (E class)
- Upstairs is a five bedroom HMO finished to a high standard throughout
- Excellently located moments from amenities and transport links
- Flat 1 has been sold on a long lease
- Total income £74,420 per annum, 8.2% yield
- Gross internal floor area is approximately 1,673 Sq Ft (155.43 Sq M)
- Online Auction on Thursday, 26 June 2025
A mixed use freehold property for sale in a sought after location on Brixton Hill. The property consists of a commercial unit, sold with vacant possession. The upper levels consists of a well-appointed five bedroom HMO, which is finished to a high standard, and the freehold for a one bedroom duplex (sold on a long lease). The total income for the building is £74,420 which represents a yield of 8.2%. This consists of a commercial, currently operated as a hair salon, but will be sold with vacant possessions. The HMO is currently let on five separate ASTs to young professionals, so is an ideal income producing asset. Flat 1 has been sold on a long lease, and is generating a yearly ground rent.
Additional Comments
BidX1 and Foxtons are working in Partnership as Joint Agents for the online auction and due to this any enquiries, viewings, bids or offers on the property will require your details to be shared between both Bidx1 & Foxtons.
Viewings are by appointment only unless open house times are displayed, please contact us to book your appointment with our Auction teams.
Subject to confirmation
This means the buyer is invited to place a bid at or above the opening bid price of the listed property. Once bidding is closed, the vendor has 48 hours to decide if they want to accept the highest bid or not. If you are not the highest bidder your participation fee will be refunded in full within a maximum of 5 business days (unless delayed by the card provider) post the bidding closing time. If you are successful following vendor acceptance, in accordance with the authority you provided on registration, BidX1 will sign legally binding contracts relating to the sale of the property on behalf of you and the vendor.
Location:
The property is well-located close to a wide range of shops and amenities in Brixton and Streatham Hill, and is within easy reach of the beautiful green spaces and leisure facilities of both Clapham, and Brockwell Park.
Tenancy:
Please refer to legal documents.
Accomodation:
Ground floor: commercial unit, WC.
First floor: two bedrooms, two en-suite shower rooms.
Second floor: kitchen, bedroom, en-suite shower room, bathroom.
Third floor: two bedrooms, one en-suite shower room.
Online Auction on Thursday, 26 June 2025. For further information, such as legal documents and property information, please visit bidx1.com.
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