Converted two-flat end-terrace with £3,000pcm potential — needs lease action and renovation.
Converted end-of-terrace: one-bed ground flat, two-bed first-floor maisonette
An opportunity for investors looking for an income-producing London property. The building is a converted end-of-terrace arranged as a one-bedroom ground-floor flat and a two-bedroom first-floor maisonette, each with separate entrances and titles. Both flats are offered with vacant possession and combined rental potential of approximately £3,000 pcm.
Practical positives include potential to extend (loft room present), an average overall size of about 887 sq ft, good local transport links and fast broadband. Several nearby primary and secondary schools have strong Ofsted ratings, adding lettability for families. Flood and crime risk are low.
Material considerations: both flats have only 82 years remaining on their leases, which is short and will likely require urgent lease extension or enfranchisement costing time and money. The property shows dated finishes and will need refurbishment to achieve full rental or resale value. Tenure at the title level is listed as unknown and should be checked legally before exchange.
This is a value-add investment for a buyer prepared to manage lease extension and carry out modernization. With vacant possession and clear dual-flat layout, there is flexibility to hold and let both units, combine into a single dwelling after legal checks, or explore extension potential to increase income and capital value.
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