Summary - Garden Flat, 3 Cranes Park Avenue KT5 8BX
11 bed 3 bath Detached
**Standout Features:**
- **Investment Opportunity:** 11 bedrooms fully let, plus two separate flats (one bedroom and studio).
- **Additional Development Potential:** Garage with planning permission to be converted into a new build house.
- **Prime Location:** Conveniently located between Kingston and Surbiton Town Centres, just 0.5 miles from Surbiton Station.
- **Generous Size:** Total area of 3,179 sq ft on a large corner plot, offering flexibility for future renovations.
- **Good Rental Income:** Proven rental history ensuring stable returns.
- **Affluent Area:** Low crime rate and access to high-quality schools.
**Downsides:**
- **Property Age:** Built between 1900-1929, potential maintenance concerns may arise.
- **Solid Brick Walls:** Lack of insulation is assumed, which could impact energy efficiency.
- **Expensive Council Tax:** Buyers should consider financial implications.
This remarkable HMO property is a stellar investment for serious buyers seeking stability and growth in an affluent urban setting. With 11 bedrooms and two additional flats, the versatility of this property offers numerous avenues for maximizing rental income and securing a foothold in the booming real estate market. Capitalize on the existing planning permission to transform the garage into a new residential unit, increasing your potential returns even further. The charming Edwardian architecture adds character, while the surrounding area boasts low crime rates and desirable schools, making it also suitable for families. Act quickly to seize this unique opportunity before it's gone!
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