House For Sale £1,700,000
*Open House 10th September 10:00/12:00am by prior appointment*
This spacious freehold house containing 8 flats spans approximately 2,984 sq ft (277 sq m) over three floors. 7 flats are self-contained studio with the one bedroom garden flat (Flat H) benefitting from a private south facing rear garden. The communal areas have been well-maintained in recent years and are neutrally decorated throughout. All flats have their own electricity meters and further benefits from a communal heating system. Current rental income is generating approximately 4.75% yield. The property is offered to the market with no onward chain. Full fire precautions are installed and where necessary building regs have been adhered to.
Drewstead Road is a popular residential street ideally located moments from Streatham Hill station which has excellent links into Balham (Northern Line) London Bridge, Victoria and Clapham Junction. There are a many local bus routes providing easy access to Brixton (Victoria Line) Clapham and Tulse Hill. The expansive open space of Tooting Bec Common is also within walking distance, as is Balham to the west of the Common and Tooting to the South. Streatham High Road is moments away from the property and is the longest High Road in Europe offering a variety of shops, local restaurants, independent eateries as well as large supermarkets such as Marks & Spencer’s Foodhall.
This spacious freehold house containing 8 flats spans approximately 2,984 sq ft (277 sq m) over three floors. 7 flats are self-contained studio with the one bedroom garden flat (Flat H) benefitting from a private south facing rear garden. The communal areas have been well-maintained in recent years and are neutrally decorated throughout. All flats have their own electricity meters and further benefits from a communal heating system. Current rental income is generating approximately 4.75% yield. The property is offered to the market with no onward chain. Full fire precautions are installed and where necessary building regs have been adhered to.
Drewstead Road is a popular residential street ideally located moments from Streatham Hill station which has excellent links into Balham (Northern Line) London Bridge, Victoria and Clapham Junction. There are a many local bus routes providing easy access to Brixton (Victoria Line) Clapham and Tulse Hill. The expansive open space of Tooting Bec Common is also within walking distance, as is Balham to the west of the Common and Tooting to the South. Streatham High Road is moments away from the property and is the longest High Road in Europe offering a variety of shops, local restaurants, independent eateries as well as large supermarkets such as Marks & Spencer’s Foodhall.
