1/11

Commercial for sale For SaleBalham High Road, London

Asking price

£600,000

Added yesterday

Type: Commercial
Tenure: Freehold

About this property

Rarely Available Mixed Use Freehold Investment/(Re)development Opportunity Comprising a ground floor commercial unit with forecourt and a stunning two bedroom maisonette. Prime Location adjacent to Tooting Bec Underground Station The commercial unit and forecourt is let on licence terminatable by the freeholder at 2 months’ notice: currently let for £ 14400 per annum The stunning two-bedroom maisonette was recently renovated with replacement double-glazed windows, heat pump heating system, fully fitted kitchen with integrated appliances, en-suite shower rooms to both bedrooms and new flooring throughout. Currently let for £ 25800 per annum.

Floorplan

Council tax

Ask agent

Location

For SaleBalham High Road, London

Open map Street View

Mortgage and stamp duty

Property price £600,000

£300k £900k

Deposit10% £60,000

£0 £600k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £540,000 mortgage. Most lenders would want a household income of about £120,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.