Semi-detached house for sale in Drewstead Road, Streatham, London SW16
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Semi-detached house for sale - 8 bedrooms
- Investment let at £80,640 per annum
- 7 self-contained studios and 1 garden flat
- Located next to Streatham Hill Station
- No onward chain
This spacious freehold house containing 8 flats spans approximately 2,984 sq ft (277 sq m) over three floors. 7 flats are self-contained studio with the one bedroom garden flat (Flat H) benefitting from a private south facing rear garden. The communal areas have been well-maintained in recent years and are neutrally decorated throughout. All flats have their own electricity meters and further benefits from a communal heating system. Current rental income is generating approximately 4.75% yield. The property is offered to the market with no onward chain. Full fire precautions are installed and where necessary building regs have been adhered to.
Drewstead Road is a popular residential street ideally located moments from Streatham Hill station which has excellent links into Balham (Northern Line) London Bridge, Victoria and Clapham Junction. There are a many local bus routes providing easy access to Brixton (Victoria Line) Clapham and Tulse Hill. The expansive open space of Tooting Bec Common is also within walking distance, as is Balham to the west of the Common and Tooting to the South. Streatham High Road is moments away from the property and is the longest High Road in Europe offering a variety of shops, local restaurants, independent eateries as well as large supermarkets such as Marks & Spencer’s Foodhall.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Marsh & Parsons - Streatham Hill, and do not constitute property particulars. Please contact Marsh & Parsons - Streatham Hill 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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