The property is a four-storey semi-detached building internally altered to form five self-contained flats situated on a large corner plot. The five flats comprises of 1 x 3 bed, 2 x 2 bed, 2 x 1 bed along with a large communal garden. We believe the garden maybe viable for further planning opportunities (Subject to relevant consents).
The flats are all tenanted and are on short-term tenancies. The property currently generates an income of £63,900 per annum and we believe based on local comparable searches that the flats maybe under-rented. The property can be sold with vacant possession.
The property is situated in the London Borough of Lewisham. It is a short walk from the Forest Hill Train station (0.3 miles). This station provides direct access to London Bridge in 20 minutes. In addition, the local High Street is a short walk away with plenty of amenities nearby including the Horiman Museum and Dulwich Park.
The A205 is situated directly outside the property which offers direct access into Richmond and Greenwich. The A23 runs on the western part of the property which which offers direct access into Surrey and Central London. There are multiple bus routes nearby including the 176 which offer connectivity to the rest of South London.