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Lower Richmond Road, Putney, SW15

£1,125,000 Under offer

Site
bedroom 2
bathroom 1

Rare mixed-used opportunity in heart of South West London, Putney. FH sale made up of a commercial unit split across ground and lower ground, first floor flat and upper floor flat sold on a leasehold.


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£1,125,000 Under offer

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020 7973 2020

Key features

  • Mixed-used investment opportunity
  • Freehold sale of a commercial and first floor flat
  • Commercial unit generating £3,750pcm
  • First floor flat let on an AST and generating £2500pcm
  • Top floor flat sold on lease with 80 years remaining
  • Angle to reposition commercial basement and rear storage into residential
  • Planning potential to change basement use

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Planning was granted to enlarge the basement and create an additonal 2-bedroom residential unit; erection of part single/part two-storey rear/side extension. Being in a prime location of Putney and busy commercial road, the opportunity is perfect for investors looking for long term income with value-add potential.

Further details

  • Tenure:
    Freehold
  • Stamp Duty
    £53,750
  • Council tax:
  • Local authority:
    Wandsworth (Main Part of Borough)
  • Total Sq Ft:
    2,341 (217 Sq M) approx.
  • EWS1 Form:
    Not Available
  • Reference:
    15244238

Lease details, service charges, ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

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Mortgage

Calculations by Alexander Hall Mortgages

Nearest stations

Putney station
Zone: 2/3

Putney Bridge station
District line, Zone: 2

East Putney station
District line, Zone: 2/3

Local Life

The property is ideally situated on Lower Richmond Road that benefits from lots of local and indepenant cafes, bars, shops and restaurants. A stones throw away from the river thames and green spaces of putney common and leaders gardens.

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020 7973 2020

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