LOT 5 · COMMERCIAL PROPERTY
5 & 5A Parish Lane
Bromley, SE20 7LH
Property description
The property comprises a mid-terrace building arranged as ground floor commercial unit (café) with rear yard and a two bedroom maisonette on the first and second floors let on Periodic Tenancy from 17th July 2020 paying £15,600 per annum. The property benefits from a roof terrace
Accommodation
Ground Floor Vacant
Seating Area
Counter
WC
Kitchen
First and Second Floor
Two Bedrooms
Kitchen
Bathroom
Reception Room
Roof Terrace
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Cator Park are within easy reach. Transport links are provided by Penge West overground and rail stations.
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 4.3%
- Net yield
- 4.3%
- Annual income
- £15,600
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
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Some lots may include additional charges on completion. Full details are contained within the legal pack and addendum and should be reviewed before bidding.
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Fees, VAT & Additional Charges
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Accuracy & Property Condition
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Withdrawn or Pre-Sold Lots
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