Summary - 5D, ST LEONARD'S ROAD KT6 4DE
9 bed 1 bath Detached
**Standout Features:**
- Income-producing property with 4 self-contained flats
- Configuration: 3 x 2-bedroom and 1 x 3-bedroom units
- Strong passing rent of £65,832 per annum, with an estimated rental value of £104,700
- Freehold tenure, sold at a guide price of £1,350,000+
- Development potential for additional car parking and garages (subject to consent)
- Needs renovation but offers significant upside potential
**Summary:**
Discover an exceptional investment opportunity in the vibrant heart of Surbiton with this charming Victorian-style residential building, ideally positioned just 0.4 miles from Surbiton Station for quick access to London Waterloo (17 minutes). Spanning an impressive 2,809 sq ft, this detached property is arranged into four self-contained flats, consisting of three 2-bedroom units and one spacious 3-bedroom flat. Currently fully let, it generates a solid annual income, with estimated rental value poised for growth upon refurbishment.
With a guide price of £1,350,000+, this property is being sold at a substantial discount to its breakup value, boasting an attractive reversionary yield of 7.8%. The generous plot includes parking options and potential for additional surface car parking or garages at the rear, making it ideal for savvy investors looking to develop or enhance. Enjoy the benefits of living near renowned schools and local amenities, set within a desirable context rich in urban charm and family-friendly appeal. Act quickly—this unique offering combines immediate income and remarkable future potential!
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