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Investment Highlights

  • Located in a high growth area of London the Old Kent Road Opportunity Area will be delivering over 20,000 new homes.
  • Long Income Convenience store investment opportunity in Old Kent Road
  • Let entirely to the undoubted covenant of Sainsburys Supermarkets Ltd (Co. No. 3261722)

Executive Summary

Highly prominent retail/convenience store investment on the ground floor of a mixed use residential development providing 1,949 dwellings once fully completed.

Property Facts

Price £2,200,000
Price Per Unit £8,397
Sale Type Investment
Yield 6.14%
Tenure Freehold/Long Leasehold
No. Units 262
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Hi-Rise
Costar Property Class A
Total Plot Size 1.16 ac
Construction Status Proposed
Property Size 492,354 sq ft
No. Floors 18
Year Built 2026

Amenities

Unit Amenities

  • Balcony
  • Heating
  • Kitchen

Site Amenities

  • Concierge
  • Security System
  • Games room
  • Lounge

Unit Mix Information

Description No. Units Avg. Rent pcm sq ft
1+1 84 - -
2+1 156 - -
3+2 16 - -
4+2 6 - -
  • Listing ID: 33034246

  • Date on Market: 02/09/2024

  • Last Updated:

  • Address: 651-657 Old Kent Rd, London SE15 1JU

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