Strapline
Auction Sale - 08/11/2022
Freehold building comprising five self-contained flats. Two let on AST's and three sold off on long leases. In a desirable spot between Dulwich, Brixton and Clapham. Producing £18,705 per annum.
Description
An opportunity to purchase a freehold income-producing residential investment, located on Norwood
Road in the heart of SE24.
The freehold building comprises 5 self-contained flats, two let on AST's and three sold off on long leases.
The building produces a total income of £18,705 per annum. A full breakdown of details can be seen on the table included.
The period property is brick-built and semi-detached. It is located in a desirable and affluent part of SE24 on a street of Victorian properties which connects to Brockwell Park.
Location
Norwood Road is situated in the popular Herne Hill area, just a couple of miles south of Brixton.
Brockwell Park and Lido is within close proximity of the property, as well as both Belair and Dulwich Parks.
There is a selection of local shops and supermarkets within a mile radius, including the popular Herne Hill Market which opens every Sunday.
The A205 is just a short distance away and provides good road communications to West London and down to Kent.
Transport
National Rail - Tulse Hill (Southern & Thameslink)
Tenancy