Terraced house for sale in The Cut, London SE1
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Property features
- Roof terrace
- Double glazing
- Wood floors
Property description
The Cut is well known for its shops, cafes, restaurants and bars as well as having 2 famous theatres in one of the most central locations in SE1, and has become even more popular since it was pedestrianized in 2022, giving the area a far more continental atmosphere in this most sought after area.
Located 2 minutes from Southwark station, 4 minutes from Waterloo and 5 minutes from London Blackfriars station on the river.
The 3 bedroom maisonette is currently tenanted under an AST agreement (Assured Shorthold Tenancy agreement), for a period of 1 year The lease expires on the 26th August 2024. The estimated rent for the year 2024-25 is £43,000.
The proposed rent for the commercial ground floor unit is estimated to be £40,000 per annum on a 15 year lease, with 5 year rent reviews. This provides a proposed potential income potential income of £83,000 per annum for the freehold building.
Viewing by appointment.
For more information about this property, please contact
Edwards Residential and Commercial Agents, SE1 on +44 20 3641 5081 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Edwards Residential and Commercial Agents, and do not constitute property particulars. Please contact Edwards Residential and Commercial Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.