Summary - FLAT 4, 223A, ABBEYDALE ROAD S7 1FJ
1 bed 1 bath Commercial Property
Freehold mixed-use investment with immediate income — sold by online auction.
Freehold mixed-use building generating c. £21,000pa gross income
Ground-floor restaurant on 9-year lease with three-year rent reviews
Upper flat let at £900pcm, immediate rental cashflow
Victorian frontage with high street profile and good footfall
EPCs: unit 233 = C, 233A = D (energy efficiency concerns)
Unknown legal tenure; buyers must check legal pack before bidding
Area very deprived with above-average crime — investor risk factor
Notable external maintenance: exposed wiring and rear stairs issues
This freehold mixed commercial/residential investment sits on a busy stretch of Abbeydale Road, offering immediate rental income and long-term upside through refurbishment and active asset management. The ground-floor restaurant is on a 9-year lease with three-year rent reviews; the first-floor flat is let, providing combined income approximating £21,000pa. EPCs are C (unit 233) and D (233A). Buyers should note the sale is by public online auction with buyer's premium and legal pack conditions — view the full legal pack before bidding.
The property’s Victorian brick frontage and end-terrace position deliver strong street presence and footfall from local shops and transport links, supporting continued trade for the restaurant tenant. The area classification indicates a diverse, young ethnic community and numerous nearby amenities that sustain demand for both retail and rental housing. Broadband and mobile signals are good, and flooding risk is low.
Material considerations are clear: the wider location is in a very deprived area with above-average crime rates, which may affect yield and lettability. The tenure is recorded as unknown in these particulars — purchasers must confirm via the legal pack. The building shows signs of external maintenance needs (exposed wiring noted, rear stairs) and heating is electric room heaters, which may limit energy efficiency and tenant comfort without upgrades.
This lot suits an investor or owner-occupier willing to take a hands-on approach: undertake targeted repairs, review energy and heating provision, and consider lease renegotiation or repositioning of the retail unit. Because the property is auctioned, allow time for legal due diligence and budget for purchase fees and any immediate works.
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