House For Sale £900,000
Investor developer opportunity - With planning permission to convert to 3 flats & Currently let achieving a yield of 3.73%. This large family house offers the buyer huge potential, either as a family house, or to retain the tenants as an income, or to convert from a house to three sizable flats.
The house is currently set up as a 4 bedroom 2 bathroom home which is let out and achieving £2795pcm (that's £33,540pa) giving a yield of 3.73% based on the advertised sales price. Notice would need to be served in line with the terms of the current tenancy agreement should the buyer require the tenants to vacate.
The property also has planning permission granted to convert to 3 good sized flats - On the ground floor a 3 bedroom, 2 bathroom with rear terrace - On the first floor a 2 bedroom, 2 bathroom with a balcony - and on the top floor a 1 bedroom with a balcony.
Maintained in good decorative order and nicely presented throughout, this family house has southerly aspect views over Norbury Park.
Streatham Common and The Rockery are not far away. Norbury station is close by as are a good selection of shops and schools.
Additional Information:
Investor developer opportunity
4 bed family house
Planning permission to convert to 3 flats
Currently let - Yield 3.73%
Marketed by EweMove Sales & Lettings (Herne Hill & Brixton ) - Property Reference 39405
The house is currently set up as a 4 bedroom 2 bathroom home which is let out and achieving £2795pcm (that's £33,540pa) giving a yield of 3.73% based on the advertised sales price. Notice would need to be served in line with the terms of the current tenancy agreement should the buyer require the tenants to vacate.
The property also has planning permission granted to convert to 3 good sized flats - On the ground floor a 3 bedroom, 2 bathroom with rear terrace - On the first floor a 2 bedroom, 2 bathroom with a balcony - and on the top floor a 1 bedroom with a balcony.
Maintained in good decorative order and nicely presented throughout, this family house has southerly aspect views over Norbury Park.
Streatham Common and The Rockery are not far away. Norbury station is close by as are a good selection of shops and schools.
Additional Information:
Marketed by EweMove Sales & Lettings (Herne Hill & Brixton ) - Property Reference 39405
