Maisonette for sale in Berrylands Road, Berrylands, Surbiton KT5

£470,000
Maisonette for sale - 5 bedrooms 5 2 1
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Property description

Description

An exciting and rare opportunity to acquire this well located, extremely spacious split level 5 bedroom licensed HMO ideal for rental investment, occupation or development (STPP).

Situated within an attractive Victorian building, this maisonette is arranged over the entire first and second floors of the building with a large loft space above considered suitable for conversion to provide additional accommodation, subject to the requisite consents.

The property is well located in an attractive area of Surbiton, within walking distance of the High Street and B.R. Station with its fast and regular rail links into London Waterloo.

The accommodation currently consists ground floor private entrance with internal staircase up to the first floor where there are 2 double bedrooms, a separate reception room, separate kitchen/diner and two bathrooms/W.C. A very spacious first floor landing has a further internal staircase leading to the second floor where there are three further double bedrooms and access to the roof space.

The property is fully let and currently produces a rental yield of circa £2,000 per calendar month but there is considerable scope to improve the rental income achievable per room through modernisation/extension and/or the creation of en-suites to each room. Alternatively, we believe there is also scope for the sub-division of the existing maisonette to form a number of smaller self-contained apartments either using the existing first and second floor accommodation and/or extension into the roof space (STPP) to potentially create a third unit.

The property will be offered on a new 999 year lease at a peppercorn ground rent.

Please call Blakes Chartered Surveyors and Estate Agents for further information or to arrange a viewing.

Property info

Floorplan(s): Floorplan 1

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Blakes Chartered Surveyors & Estate Agents, KT2 on +44 20 3641 5366 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blakes Chartered Surveyors & Estate Agents, and do not constitute property particulars. Please contact Blakes Chartered Surveyors & Estate Agents 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.

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