Available
London SE10 – Block of 2 Apartments
24/24B Combedale Road, Greenwich, London SE10 0LGFreehold Residential Block Investment
Price
£915,000
Rent P.A.
£53,400
Yield
5.84%
Tenure
Freehold
Lease Term
ASTs
Area
1,377 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises three-storey residential block of 1 x 3-Bed and 1 x 1-Bed Apartments
- SPV can be purchased to minimize stamp duty
- No.24 benefits from private garden and No.24B benefits from private patio
- Development potential to extend in the loft, subject to obtaining planning
- Situated within short walk from Westcombe Park station with direct line to London Bridge, Cannon Street, Farringdon, St Pancras, and few minutes to North Greenwich station (Jubilee Line).
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Three-storey residential block comprising 3-bedroom maisonette at ground and first floor (No.24) and 1-bedroom apartment at lower ground floor (No.24B), providing the following accommodation and dimensions:
No. 24: 75 sq m (807 sq ft)
3 Bedrooms, kitchen, dining, living room, 2 bathrooms, private garden
No. 24B: 53 sq m (570 sq ft)
1 Bedroom, kitchen, living room, bathroom, private patio
Total GIA: 128 sq m (1,377 sq ft)
Development potential to extend in the loft, subject to obtaining the necessary consents.
No. 24: 75 sq m (807 sq ft)
3 Bedrooms, kitchen, dining, living room, 2 bathrooms, private garden
No. 24B: 53 sq m (570 sq ft)
1 Bedroom, kitchen, living room, bathroom, private patio
Total GIA: 128 sq m (1,377 sq ft)
Development potential to extend in the loft, subject to obtaining the necessary consents.
Tenancy Description
No. 24 is at present let on AST to Individuals for a term of 12 Months from 5th November 2025 at a current rent of £33,000 per annum. Deposit held of £2,700.
No. 24B is at present let on AST to Individuals for a term of 12 Months from 23rd September 2025 at a current rent of £20,400 per annum. Deposit held of £1,750.
No. 24B is at present let on AST to Individuals for a term of 12 Months from 23rd September 2025 at a current rent of £20,400 per annum. Deposit held of £1,750.
Tenancies & Accommodation
Location Description
Greenwich is a popular South-East London suburb situated some 6 miles from the City of London, on the south bank of the River Thames. The property is located only few minutes walk away from Westcombe Park station with direct line to London Bridge, Cannon Street, Farringdon, St Pancras, and few minutes to North Greenwich station (Jubilee Line), as well as being close to O2 with shopping and restaurants, and many amenities at Greenwich Centre (swimming pool, gym and more). Occupiers nearby include Marks & Spencer, Asda, and Sainsburys, Takeaways and more.
