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Barnett Ross · 22 Oct 2026 · in 3 days

Freehold Investment - Shop & 2 Bed Flat - Gross Yield 7.8%

253 Northolt Road, South Harrow, Middlesex HA2 8HS · London

LiveMixed-useFreehold

Freehold Investment - Shop & 2 Bed Flat - Gross Yield 7.8%
Guide
£600,000
Rent a year
≈£46,800est.
Yield on the guide
7.8%
Payback
13 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
B
Size
1,451 sq ft

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

The cost breakdown and net yield: included with access, £49 a month. Start with a free account.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

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Energy rating

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G

B from the government EPC register, lodged 18 Sept 2026 (certificate 2053-4853-4589-0864-1222). Meets today's minimum for letting commercial property in England and Wales (E or better).

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Barnett Ross' record

Barnett Ross' results: included with access, £49 a month. Start with a free account.

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About the lot

Freehold mixed use lot in South Harrow. Let, but the rent isn't stated on the lot page.

Freehold Investment - Shop & 2 Bed Flat - Gross Yield 7.8% In the same family ownership since the 1930s. 6 Week Completion An end of terrace corner building comprising a Ground Floor Shop with separate rear access via an external side staircase to a Self-Contained 2 Bed Flat on the first floor. In addition, the property includes a gated rear loading/parking area for at least 2 cars which is accessed via Eastcote Road. VAT is NOT applicable to this Lot FREEHOLD Accommodation: Ground Floor Shop Gross Frontage 25'6" Internal Width 23'10" (max) Shop Depth 33'8" Built Depth 71'4" WC GIA Approx. 1,451 sq ft First Floor Flat Living Room 12'1" x 12'6" Bedroom 1 11'5" x 15'5" Bedroom 2 9'0" x 7'8" Kitchen 7'6" x 4'11" Shower/WC 7'5" x 4'6" Tenancy: The entire property is let on a full repairing and insuring lease to Arudselvi Sivapalan (Convenience Store/Fresh Foods/Café) for a term of 32 years from 12th June 2012 (by way of a reversionary lease) at a current rent of £47,000 per annum exclusive. Rent Reviews 2028 and 4 yearly Note 1: There may be potential to re-instate the Advertising Hoarding on the flank wall, subject to obtaining the necessary consents. Note 2: Refer to the…

Figures come from Barnett Ross' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.