£3,000,000
(£719.25/sq. ft)
Property for saleAldrington Road, Streatham, London SW16
4,171 sq. ft
Freehold
About this property
Substantial detached period house with development potential, split into 8 flats, in the centre of Streatham close to Tooting Common.
Location
This site is situated in the heart of this densely populated residential catchment area immediately off Mitcham Lane (A216) and Tooting Bec Road (A214) which both provide direct access to major road networks. The area benefits from excellent public transport, being located within a quarter of a mile of Streatham railway station and half a mile from Tooting Bec underground station (Northern Line) with numerous bus routes serving the immediate area.
Accommodation
Currently comprised of 8 residential flats over three floors. The site is thought perfect for redevelopment, subject to necessary planning consents. Aldrington Road has a number of large scale blocks of flats that are precedents for demolition and rebuild.
Rental annual return of £144,000 pa.
Sold with vacant possession due to fire damage of one unit.
Terms
Freehold For Sale
outgoings
Prospective tenants are advised to make their own enquiries with the Local Authority.
Legal costs
Each party to bear own costs.
Viewing
Strictly by appointment through the Landlord's agent Drivers & Norris.
Location
This site is situated in the heart of this densely populated residential catchment area immediately off Mitcham Lane (A216) and Tooting Bec Road (A214) which both provide direct access to major road networks. The area benefits from excellent public transport, being located within a quarter of a mile of Streatham railway station and half a mile from Tooting Bec underground station (Northern Line) with numerous bus routes serving the immediate area.
Accommodation
Currently comprised of 8 residential flats over three floors. The site is thought perfect for redevelopment, subject to necessary planning consents. Aldrington Road has a number of large scale blocks of flats that are precedents for demolition and rebuild.
Rental annual return of £144,000 pa.
Sold with vacant possession due to fire damage of one unit.
Terms
Freehold For Sale
outgoings
Prospective tenants are advised to make their own enquiries with the Local Authority.
Legal costs
Each party to bear own costs.
Viewing
Strictly by appointment through the Landlord's agent Drivers & Norris.
Mortgage calculator
Monthly repayment
£15,007 per month
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