BTG Eddisons · 28 Oct 2026 · in 9 days
Freehold Building
98 & 98A Lower Richmond Road, London SW15 1LN · London
LiveMixed-useFreeholdLet
- Guide
- £180,000
- Rent a year
- £23,000
- Yield on the guide
- 12.8%
- Payback
- 7.8 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- D
- Size
- 474 sq ft£48.52 rent per 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.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
D from the government EPC register, lodged 6 Sept 2014 (certificate 0010-9912-0364-2470-1070). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 15 Oct 2026.
BTG Eddisons' record
BTG Eddisons' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold mixed use lot in London. Producing £23,000 a year, a 12.8% gross yield at the guide.
Lot 127, Commercial Property. Freehold Building. Let to established retailer. Passing rent £23,000 pa. Popular SW London location. Forms part of an established shopping parade. EPC Rating: E. A Freehold building arranged over part basement, ground and two upper floors. The ground floor provides retail accommodation and is trading as Elswood Cycleworks whilst the upper parts provide residential accommodation (sold off). Located on Lower Richmond Road in Putney, the area is a well-established residential location within South West London. This popular residential area provides a well supported range of shops, restaurants and services. Transport connections can be found at Putney Overground station for regular connections into central London, Putney Bridge Underground station is also within walking distance. The area is well served by numerous bus routes. Putney Embankment and the River Thames is just 300m away for riverside walks and bike rides. Tenancies & Leases Ground floor - Retail Trading as Elsewood Cycleworks - www.elswoodcycleworks.com/ Let to Cycle Central Putney Ltd (Co. No. 09187875) for a term of 20 years from 2015 at a passing rent of £23,000pa. Areas Part Basement 12 sq.m (129 sq.ft) Ground exc wc's 44 sq.m. (474 sq.ft) Source: VOA Upper floors - Residential Subject to a long lease for a term of 999 years from 1993 (thus having approximately 964 years unexpired) at a peppercorn £75pa ground rent. Occupancy: See Legal pack for details on occupancy. Tenure: Freehold Occupancy: See Legal pack for details on occupancy General: Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding. Address: 98 & 98A Lower Richmond Road, London SW15 1LN
Figures come from BTG Eddisons' 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.