Andrew Reeves - Westminster & Belgravia Estate Agent in SW1P 1LJ

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020 8022 3258

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Spacious 18 bed property

Available

For Sale

Listed May 18, 2024

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£2,750,000

Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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020 8022 3258

By Andrew Reeves - Westminster & Belgravia

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% 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.