223-229 Walworth Road, Elephant & Castle

  • Price £5,650,000
  • Yield 6.5%
  • Income £394,649
  • Sector Retail, Residential

Residential & Retail Investment Opportunity Located Within The Elephant & Castle Regeneration

Summary

  • Located in Elephant & Castle, the area is currently undergoing one of London’s largest regeneration projects.
  • Mixed-use property comprising three retail units (one of which is a double unit) at ground floor and 11 apartments all let on assured shorthold tenancies.
  • Approximately 62% of the income is derived from the residential element.
  • Vendor has spent over £2 million on a substantial redevelopment involving a partial refurbishment and major rebuild and extension of the original buildings.
  • Freehold.
Contact
Stephen Raingold
Email: stephenraingold@lewisandpartners.com
Mobile: 07775 647 499