Penge SE20

Property investments of all types are proving a hot commodity at present, and we can’t see any reason why that would change all the while that interest rates are at an all-time low. Our investment team had no trouble locating a buyer for this mixed-use asset, and at £75,000 more than our client had expected to achieve. Comprising commercial income from a Citroen franchise and the ground rent income from 9 flats and 3 shops, the sale was concluded at a NIY of 6.3%.

Please get in touch if you have a similar property to sell.

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Posted By Lily Whitby on 25th May, 2017

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