Freehold Investment Opportunity
Pepys Rd, New Cross, London SE14
This landmark building at the summit of the Telegraph Hill Conservation Area was converted into flats some years ago, and is presently made up of 6 units, to include 1 x 3 Bed unit, 4 x 2 Bed units and a 1 Bed unit.
The entire Freehold is up for sale, and will be sold with 3 vacant units, and the remaining three with tenants.
The vacant units, the 1 bed, 3 bed and one of the 2 beds, have been extensively refurbished and are available for immediate let. Each flat has an allocated section of garden, and the building is well placed for transport and is within easy reach of Goldsmiths University, Haberdasher's Askes' Free & secondary schools & Edmund Waller Primary. The two parks are great spaces and there is a strong, cohesive community that produces a magnificent festival of arts and crafts every year. Projected annual rental income of £88,000 p.a.
£725,000 Guide PricePeriod Conversion I Upper Floors I Three Double Bedrooms I En-Suite Loft Conversion I Internal Access To Garden I Big Lounge Overlooking Telegraph Hill Park I Eat-In Kitchen I 1436Sqf / 133Sqm I Excellent School Options I Superb Transport Links
£625,000 Guide PricePeriod Conversion I Upper Floors I Three Bedrooms I Big Beautiful Lounge I Large Kitchen Diner I Bright Bathroom & Separate WC I Leasehold I Telegraph Hill Conservation Area I Excellent School Options I Great Transport Links I 1000 Sqf / 93 Sqm