4 bed property for sale

Holmdene Avenue, Herne Hill, London SE24

A rare opportunity to acquire a substantial Freehold building comprising three self-contained apartments on one of Herne Hill's much sought-after roads, moments from Herne Hill station and close to Dulwich Village.

A substantial Freehold building of 2,395 sq ft, comprising of three self-contained apartments on one of Herne Hill's most sought-after residential roads, moments from Dulwich Village. Located on Holmdene Avenue, a prime tree-lined street renowned for its attractive period architecture and excellent transport links, this property offers both immediate income and long-term potential. The building is arranged as: Two apartments let on Assured Shorthold Tenancies (ASTs)
One apartment occupied by a regulated tenant
The current rental income stands at £40,000 per annum, with an Estimated Rental Value (erv) of £60,000, presenting a compelling opportunity for uplift through asset management or future redevelopment (subject to planning and tenancy). This is an ideal acquisition for investors seeking a stable income stream with value-add potential in a highly desirable South London location, close to the amenities of Herne Hill, Dulwich Park, and excellent schools.

Walking distance of Herne Hill Station (with direct services to London Victoria and Blackfriars) and North Dulwich Stations.. The area is rich in amenities, including independent cafés, restaurants, and shops, as well as Brockwell Park and Dulwich Park.

Please use the reference PTNY6207269 when contacting Foxtons.