1 /6
£550,000
Church Road, London, SE19
- 0 beds
£550,000
- 0 beds
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Estimate monthly mortgage payment:
£2,511 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£27,500
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The property comprises of ground, basement, first and second floor of a three storey terraced building with brick facia beneath a pitched roof.
Ground and basement floor provides a bar area and restaurant area with seating on loose tables and chairs for 80 customers. Ancillary areas include a trade kitchen and customer WC’s. Basement includes a separate function room and bar.
Uppers comprise of two 1 bedroom flats and a two bedroom flat all sold off on long leases with ground rents at £100 for the one beds and £200 for the two bedroom flat.
Tenure
The property is held freehold.
Tenancy
The ground and basement floors are let to Yak & Yeti Limited on a new 15 year lease from 01 Aug 2023 at a current rent of £34,000 per annum which is subject to five yearly open market rent reviews.
Planning
The property is not listed or situated within a conservation area.
Terms
We are instructed to invite offers at £550,000 (6.18% NIY) assuming the usual purchasers costs.
Additional info:
Each of the upper residential leases have approx 65 years remaining
Ground and basement floor provides a bar area and restaurant area with seating on loose tables and chairs for 80 customers. Ancillary areas include a trade kitchen and customer WC’s. Basement includes a separate function room and bar.
Uppers comprise of two 1 bedroom flats and a two bedroom flat all sold off on long leases with ground rents at £100 for the one beds and £200 for the two bedroom flat.
Tenure
The property is held freehold.
Tenancy
The ground and basement floors are let to Yak & Yeti Limited on a new 15 year lease from 01 Aug 2023 at a current rent of £34,000 per annum which is subject to five yearly open market rent reviews.
Planning
The property is not listed or situated within a conservation area.
Terms
We are instructed to invite offers at £550,000 (6.18% NIY) assuming the usual purchasers costs.
Additional info:
Each of the upper residential leases have approx 65 years remaining
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£6,250
Mortgage and legal costs:
£999
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- Mortgage advice and application
- Conveyancing fee
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Property details
£550,000
property for sale
Church Road, London, SE19
The property comprises of ground, basement, first and second floor of a three storey terraced building with brick facia beneath a pitched roof.
Ground and basement floor provides a bar area and restaurant area with seating on loose tables and chairs for 80 customers. Ancillary areas include a trade kitchen and customer WC’s. Basement includes a separate function room and bar.
Uppers comprise of two 1 bedroom flats and a two bedroom flat all sold off on long leases with ground rents at £100 for the one beds and £200 for the two bedroom flat.
Tenure
The property is held freehold.
Tenancy
The ground and basement floors are let to Yak & Yeti Limited on a new 15 year lease from 01 Aug 2023 at a current rent of £34,000 per annum which is subject to five yearly open market rent reviews.
Planning
The property is not listed or situated within a conservation area.
Terms
We are instructed to invite offers at £550,000 (6.18% NIY) assuming the usual purchasers costs.
Additional info:
Each of the upper residential leases have approx 65 years remaining
Ground and basement floor provides a bar area and restaurant area with seating on loose tables and chairs for 80 customers. Ancillary areas include a trade kitchen and customer WC’s. Basement includes a separate function room and bar.
Uppers comprise of two 1 bedroom flats and a two bedroom flat all sold off on long leases with ground rents at £100 for the one beds and £200 for the two bedroom flat.
Tenure
The property is held freehold.
Tenancy
The ground and basement floors are let to Yak & Yeti Limited on a new 15 year lease from 01 Aug 2023 at a current rent of £34,000 per annum which is subject to five yearly open market rent reviews.
Planning
The property is not listed or situated within a conservation area.
Terms
We are instructed to invite offers at £550,000 (6.18% NIY) assuming the usual purchasers costs.
Additional info:
Each of the upper residential leases have approx 65 years remaining