Offers over
£1,100,000
Block of flats for saleSunninghill Road, London SE13
Added on
About this property
Substantial double-fronted freehold property
Five self-contained residential apartments
Three one-bedroom flats and two studio apartments
Estimated open-market rental income of £87,600 per annum
Approximately 8% projected gross rental yield at £1.1m
Five potential rental income streams
Potential conversion to a five/six-bedroom family home
Potential reconfiguration into three larger apartments
Shared garden accommodation
One property. Three possibilities.
An exciting opportunity to acquire an entire double-fronted freehold property in South East London, arranged as five self-contained residential flats, with attractive rental potential and alternative development possibilities.
The accommodation comprises three one-bedroom apartments and two studios, with access to shared garden space.
Option 1 - income-generating property investment
With an estimated open-market rental value of £7,300 per calendar month (£87,600 per an- num), the property offers a projected gross rental yield of approximately 8% at £1.1 million, subject to market rents being achieved.
An appealing opportunity for investors seeking a multi-unit freehold residential asset with five separate income streams.
Option 2 - potential family home conversion
Explore the possibility of converting the building into a substantial five- or six-bedroom fam- ily residence with garden, subject to feasibility and the necessary consents.
Option 3 - potential reconfiguration into three larger flats
Consider an alternative arrangement comprising a three-bedroom, two-bedroom and one- bedroom apartment, subject to planning permission, building regulations and other required approvals.
A versatile freehold investment with multiple possibilities
Retain as five rental units, explore conversion into a substantial family home, or investigate reconfiguration into larger apartments.
Offers in excess of £1,100,000
Further information and viewings available upon request.
Rental income and yield are projections, not guaranteed returns. Alternative configurations are illustrative and subject to all necessary permissions.
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