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Battersea Rise, London, SW11

PROPERTY TYPE

Block of Apartments

SIZE

2,069 sq ft

192 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Mixed use Freehold
  • Excellent Investment Opportunity
  • Restaurant on the ground floor
  • Two residential apartments above
  • Sold with the benefit of tenants in situ
  • Total passing rent is £73,200 pa, and an ERV of £83,000
  • Located between Clapham Junction and Clapham Common

Description

28 Battersea Rise is a mixed use freehold in a sought after location between Clapham Junction and Clapham Common. The freehold has a restaurant on the ground floor and two residential apartments above. The building is being sold with the benefit of tenants in situ.

Ground Floor - Use Class E - 821 Square Feet - £30,000 pa passing rent

First Floor - Residential apartment - 581 square feet - £16,800 pa passing rent

Second Floor - Residential apartment - 667 square feet - £26,400 pa passing rent


The total passing rent is £73,200 pa, and the ERV £83,000. The estimated break up value of the three units, if sold on the open market with vacant possession, is £1,375,000.

Battersea Rise is a hugely popular location close to both Clapham Junction and Clapham Common. The area is popular with young professionals given the transport links from Clapham Junction train station and Clapham Common underground, open spaces of Clapham Common and variety of restaurants, bars and amenities around Northcote Road and Clapham.

For sale is the unbroken freehold. The property is not elected for VAT.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Battersea Rise, London, SW11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clapham Junction Station0.3 miles
  • Clapham South Station0.9 miles
  • Wandsworth Town Station1.0 miles
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About the agent

Dexters Development & Investment, Dexters Investments

Dexters Mayfair, 66 Grosvenor Street, London, W1K 3JL

Dexters Development & Investment, Dexters Investments

London covered

Our dedicated team of specialists have a well-established track record of achieving clients more than the market value for land, development and investment projects across the capital. Members of RICS, our qualified chartered surveyors uphold their reputation for integrity and professionalism.

Based in one of the Dexters ‘Centres of Excellence, our experts focus solely on development services for clients including Croudace Homes, Barratt Homes, Berkeley Grou

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Disclaimer - Property reference 28BatterseaRise2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dexters Development & Investment, Dexters Investments. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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