Block of flats for sale in Clapham Common North Side, London SW4
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Property description
Accommodation
Currently arranged with a light and spacious 2-bedroom apartment on the lower ground floor with access to both south-facing front garden and paved rear garden. The rest of the building consists of 16 bed-sitting rooms over four floors, each with its own kitchenette and served by four communal bath and shower rooms.
Revenue Return
Current income from the rental properties amounts to approx. £120,000 per annum, equal to 5% plus gross rental yield. Ready to be enhanced by further upgrading and refurbishment.
Condition
All rooms are habitable but would benefit from re-decoration, new carpets/floor-coverings and improved heating systems.
Location
Convenient for Clapham Common tube (northern line) and High Street shopping. Range of leisure activities on Clapham Common with its 220 acres of open space.
Property info
For more information about this property, please contact
Andrew Reeves - Westminster & Belgravia, SW1P on +44 20 8022 3259 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Andrew Reeves - Westminster & Belgravia, and do not constitute property particulars. Please contact Andrew Reeves - Westminster & Belgravia for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.