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250 Milkwood Rd 3,183 SF Flex Condo Unit Offered at $1,403,566 in London SE24 0HG
Investment Highlights
- Car parking
- Zone 2 location
- Walking distance from direct services to Thameslink and London Victoria
Executive Summary
London City Centre is just over 4 miles away by car via the A202 and there are 3 train stations within walking distance; Brixton, Herne Hill and Loughborough Junction. The property is situated close to Ruskin Park and Dulwich Hamlet Football Stadium.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 4 |
| Cap Rate | 5.29% | Tenure | Long Leasehold |
| Sale Type | Investment |
| Cap Rate | 5.29% |
| No. Parking Spaces | 4 |
| Tenure | Long Leasehold |
Description
The subject property is a two story steel frame, part brick and block and part metal clad construction under a metal decking roof. Floor to ceiling height on ground floor is 4.07m. The floor to ceiling height on the first floor is 4.02m in the middle and 2.85m at the sides. Full height therefore in excess of 8.09m (26.5 ft).
Sale Notes
- London Zone 2 location.
- Popular business and industrial park in an affluent suburban.
- Well configured industrial warehouse unit on two floors providing approximately 3,183 sq ft
- Virtual freehold
- Current occupational lease is ‘outside the act’. We understand the tenant is likely to leave at expiry making this appealing to owner occupiers as well as investors.
- Current tenant paying only £55,000 per annum. ERV in excess of £62,500 per annum
- 4 designated parking spaces.
- Popular business and industrial park in an affluent suburban.
- Well configured industrial warehouse unit on two floors providing approximately 3,183 sq ft
- Virtual freehold
- Current occupational lease is ‘outside the act’. We understand the tenant is likely to leave at expiry making this appealing to owner occupiers as well as investors.
- Current tenant paying only £55,000 per annum. ERV in excess of £62,500 per annum
- 4 designated parking spaces.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 15 | 3,183 SF | Flex | $1,403,566 ($440.96/SF) | $74,227.03 |
Unit 15
| Unit Size |
| 3,183 SF |
| Condo Use |
| Flex |
| Price |
| $1,403,566 ($440.96/SF) |
| NOI |
| $74,227.03 |
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Unit 15
| Unit Size | 3,183 SF |
| Condo Use | Flex |
| Price | $1,403,566 ($440.96/SF) |
| NOI | $74,227.03 |
| Sale Type | Investment |
| Cap Rate | 5.29% |
| No. Parking Spaces | 4 |
| Tenure | Long Leasehold |
| Description | |
| The subject property is a two story steel frame, part brick and block and part metal clad construction under a metal decking roof. Floor to ceiling height on ground floor is 4.07m. The floor to ceiling height on the first floor is 4.02m in the middle and 2.85m at the sides. Full height therefore in excess of 8.09m (26.5 ft).</li></ul> | |
| Sale Notes | |
| - London Zone 2 location.<br> - Popular business and industrial park in an affluent suburban.<br> - Well configured industrial warehouse unit on two floors providing approximately 3,183 sq ft<br> - Virtual freehold<br> - Current occupational lease is ‘outside the act’. We understand the tenant is likely to leave at expiry making this appealing to owner occupiers as well as investors.<br> - Current tenant paying only £55,000 per annum. ERV in excess of £62,500 per annum<br> - 4 designated parking spaces.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 3,183 SF | Floors | 2 |
| Property Type | Industrial (Condo) | Typical Floor Size | 1,668 SF |
| Property Subtype | Service | Year Built | 2000 |
| Building Class | B |
| Total Building Size | 3,183 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Service |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,668 SF |
| Year Built | 2000 |
Amenities
- 24 Hour Access
Utilities
- Lighting
- Water - City
- Sewer - City
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Street View
Street
Map
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250 Milkwood Rd
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