Summary -
Flat A,86 London Road,LONDON,SE23 3PE
SE23 3PE
1 bed 1 bath House of Multiple Occupation
**Standout Features:**
- Large four-storey Victorian semi-detached building
- Converted into five self-contained flats: 1 x 3 bed, 2 x 2 bed, 2 x 1 bed
- Significant communal garden with potential for planning opportunities (subject to consents)
- Currently generates £63,900 annual income but believed to be under-rented
- Freehold tenure with the option for vacant possession
- Prime location with short walk to Forest Hill Train Station
**Summary:**
Discover the potential of this expansive four-storey Victorian semi-detached property located at 86 London Road, Lewisham—in a highly sought-after area known for its blend of urban convenience and community charm. Spanning over 3,122 sqft, this currently tenanted house of multiple occupations (HMO) features five self-contained flats, offering an excellent investment opportunity for prospective landlords. The property generates an attractive annual income of £63,900, and it is believed that rental rates could be optimized based on local market comparisons.
Set on a sizable corner plot, the garden space not only provides outdoor relaxation but could also serve as a prime candidate for future development, permitting a myriad of possibilities. Within close proximity to local amenities, including shops and culinary delights, and just a 20-minute train ride into central London, this location is further enhanced by excellent transport links, including nearby bus routes and major road access.
While the building is in good condition, potential buyers should note the classic fixer-upper appeal, which may require some renovations to maximize income and comfort levels. Ideal for both seasoned investors and first-time buyers looking to step into the HMO market, this rare offering combines potential profit with lifestyle advantages in a growing neighborhood. Act quickly—opportunities like this are fleeting!
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