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Northborough Road, London, SW16

£1,900,000
Bairstow Eves, Norbury
PROPERTY TYPE

Land

SIZE

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Key features

  • 7 Units in Total
  • All rented out
  • Great rental income
  • Extension agreed to further extend (expired)
  • Great location
  • Open date for viewing

Description

An attractive investment opportunity presents itself with a existing development of six modern flats and a charming 3-bedroom bungalow, nestled at the vibrant junction of Northborough Road and Lyndhurst Avenue in Norbury, South West London.


Currently generating an annual rental income of £121,600, this property portfolio comprises:

2 Studios: 32 square meters each
2 One-bedroom Flats: 40 square meters and 30 square meters respectively
1 Two-bedroom Flat: 60 square meters
1 Three-bedroom split level flat: 74 square meters
1 Three-bedroom Bungalow: 74 square meters


Notably, in 2019, the property owner successfully obtained planning consent for additional extensions on the side and rear of the flats. Although the planning permission has lapsed, it can be reinstated, offering significant potential to enhance rental yields and capitalize on the property's prime location.

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Energy Performance Certificates

EPC Rating GraphEPC Rating Graph

Northborough Road, London, SW16

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Norbury Station0.8 miles
  • Mitcham Eastfields Station0.9 miles
  • Streatham Common Station1.0 miles

About the agent

Bairstow Eves, Norbury

1449 London Road, London, SW16 4AQ

Bairstow Eves, Norbury

With an extensive and vibrant history, Bairstow Eves has fast become an icon of professionalism in the London property market. With our distinct red and black branding, Bairstow Eves is instantly recognised and trusted as a leading London agent with an established heritage and the backing of a wider UK network.

As experts in the diverse and fast-moving London market, we are well positioned to help you at every stage of your property transaction. Whether you are looking to sell property,

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

Notes

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Disclaimer - Property reference NRB240142. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bairstow Eves, Norbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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