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397 Walworth Road, Walworth, London SE17 2AW

397 Walworth Road, Walworth, London SE17 2AW

Mixed Use
About this Property
2025-04-09
Traditional
Mixed Use
Description

Lot 2 Shop & Basement plus 3 Flats – Gross Yield 9.5% 6 Week Completion Situation Occupying a prominent position on the main A215 Walworth Road, close to the corner of Arnside Street. The busy 'East Street Market' is on the same side of the road and the property is amongst such multiples as Tesco Express , Superdrug , Santander , McDonald's , Iceland , Cake Box , Screwfix , The Gym Group , Betfred , Poundstretcher and many more. Elephant & Castle Station (Thameslink, Northern and Bakerloo Lines) and Kennington Station (Northern Line) are both within walking distance and 11 bus routes pass the door. In addition, Westminster lies approx. 2 miles to the north. Property A mid terraced building comprising a Ground Floor Shop and Basement together with separate front access to 3 Self-Contained Flat s on the first, second and third floors. The flats were refurbished approx. 10 years ago to a high standard and remain in an excellent decorative condition throughout. Each flat has independent gas central heating, laminate wood flooring and uPVC windows. VIdeo TOUR Click here to view the video tour of the First Floor Flat. Click here to view the video tour of the Second Floor Flat. Click here to view the video tour of the Third Floor Flat. VAT is NOT applicable to this Lot Tenure Leasehold for a term of 951 years from 25th December 1951 (thus having approx. 877.5 years unexpired) at a fixed ground rent of £45 p.a.

Location
More Information
Leasehold
Walworth Road
Planing Authority
Southwark LPA
Sold Price History

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