ROI = 7% BMV = 8.74%
Description

StrapLineAuction Sale - 28/01/2025 A substantial semi-detached property over approximately 2800 sq ft, arranged as a five bedroom family home over three storeys, in need of refurbishment, benefitting from a rear garden, well located for the transport links and amenities of Streatham High Road, with development potential subject to requisite consents. Vacant. DescriptionA substantial semi-detached property over approximately 2800 sq ft.The property is arranged over three storeys plus additional basement area. Each floor benefits from its own kitchen, which have potential to be used as additional bedrooms if used as a single dwelling, meaning there is potential for seven bedrooms on the upper floors as well as three bathrooms.In need of refurbishment.Externally the property benefits from a rear garden.Planning has been submitted and a decision is expected prior to sale to convert the property into three self-contained units (1 x 2 bedroom, 1 x 3 bedroom and 1 x 4 bedroom). It is considered the property has potential to be converted into further additional units subject to requisite consents. Interested parties are to rely on their own enquiries in this regard.Vacant. LocationLocated on the south side of Pathfield Road, close to the turning for Estreham Road. A range amenities are available locally on Greyhound Road and Streatham High Road. Recreational amenities of Streatham Common and Tooting Commons are both easily accessible. TransportStreatham Common - Southern. Streatham - Southern / Thameslink. AccommodationBasementGround Floor - Entrance Hallway, Two Reception Rooms, Dining Room, Kitchen, Bathroom/WC.First Floor - Two Bedrooms, Kitchen, Bathroom/WC. Second Floor - Three Bedrooms, Kitchen, Bathroom/WC. PlanningPlanning permission (Ref 24/03103/FUL) has been submitted to Lambeth London Borough Council and decision awaited for "Conversion and extension of existing building from 1x 6 bedroom house (Class C3) to a flexible use of 1x 3 bedroom, 1x 2 bedroom and 1x 4 bedroom flats within Classes C3 and C4 and with associated cycle storage and refuse facilities. ."

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Property Details
  • Property ID: 156440405
  • Added On: 2025-01-04
  • Deal Type: For Sale
  • Property Price: £825,000
  • Bedrooms: 5
  • Bathrooms: 1.00
Amenities
  • Substantial semi-detached property
  • Approximately 2800 sq ft
  • Five bedrooms
  • In need of refurbishment
  • Development potential subject to requisite consents
  • Vacant