Property for sale

Hollington House, 1 Parklands, Kingston Upon Thames, London KT5

Rare Freehold Investment & Development Opportunity

• Freehold and six long leasehold flats offered as a single lot
• Prime, upmarket location in Surbiton, Kingston upon Thames
• Situated within the Surbiton Hill Park Conservation Area
• Approx. 10 min walk to Surbiton Town Centre & Surbiton Station
• Direct fast rail links to London Waterloo

Asset Overview

• Residential block comprising six one-bedroom flats
• Well-maintained period building
• Communal gardens, pedestrian access and shared staircase
• Separate garage included within the ownership
• Total Gross Internal Area: 349.3 sqm / 3,759 sq ft excl. Garage
• Site area: 0.18 acres

Income & Reversion

• Current passing rent: £2,745 pcm / £32,940 pa
• Estimated Rental Value (erv): £10,440 pcm / £128,040 pa

Development Potential

• Garage benefits from approved planning permission (Ref: 24/01703/ful)
• Consent granted for demolition and replacement with a semi-detached, split-level two-bedroom house
• Estimated gdv of completed house: £575,000.

Location

The area boasts a welcoming, upmarket feel with scenic parks and the nearby River Thames, attracting young professionals and affluent families. Surbiton Town Centre, just a short walk away, offers a variety of shops, cafés, and restaurants. Surbiton Train Station is a 10-minute walk, providing fast links to London Waterloo in under 20 minutes. Excellent transport connections include multiple bus routes to Kingston and Wimbledon, while the A3 offers easy access to central London and the M25.