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House For Sale £950,000
Oliver Grove, South Norwood SE25


Description
Detailed Description

Pre marketing instruction
Amazing investment potential.
Rarely available is this 3 storey victorian house situated just 2 or 3 minutes from Norwood Junction station and South Norwood High Street.
The property is currently configured as 4 separate flats comprising the following :-
* Large 2 bedroomed ground floor flat with direct access to garden
* Well proportioned studio flat
* Small one bed flat
* 2 bedroomed top floor flat.
All the units are currently let on AST's but are rolling on a periodic basis.
There is room for rent uplift and all tenants would prefer to stay in the property.
It is our opinion that there is potential to make an extra unit on the ground floor or indeed to turn the property into an HMO and let on a room basis. The property was previously holding an HMO license.
All the flats are split with utilities / council tax etc and the only requirement to separate mortgages is to create leases.
Register interest now prior to marketing commencing 4th January 2023 whereby viewings can be made strictly by appointment with Northwoods Residential.

Follow the link for more information:
        
zoopla.co.uk

  
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