208 Rowan Road, Streatham, London SW16 5HX

£525,000

6 2

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Overview

HMO investment opportunity - Fully let producing £37,620 p/a - Excellent location with high demand

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    Description
    For Sale by Online Auction, Starting Bid of £525,000, Terms and Conditions Apply

    Large 1st & 2nd floor maisonette comprising reception room, kitchen, six bedrooms and two bathrooms.

    Location
    The property is ideally located in Streatham Vale and is a walk or short bus journey from Streatham Common Station with direct access to Central London via Clapham Junction, London Bridge and London Victoria.

    Nearest Stations:
    Streatham Common (0.6 miles)
    Mitcham Eastfields (0.7 miles)

    Income
    The property is let as 6 individual rooms producing £37,620 per annum

    All tenancies now periodic (2 months notice required for vacant possession

    The seller has confirmed all tenants are working professionals and there are no arrears or payment issues to date

    Lease
    Lease: 99 years from 25th December 1997
    Ground Rent: £50 per annum

    Council Tax
    Merton Borough Council
    Band C

    Terms
    For Sale by Online Auction,
    Starting Bid of £525,000, Terms and Conditions Apply

    Viewing
    Contact sole agents

    Christopher St James 020 8296 1273

MAP

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