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7 bed end of terrace house
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Our Summary
- Planning granted for 13-bed HMO
- A rare opportunity to acquire a freehold, mixed-use investment in a prime Battersea Rise location, offering strong existing income with clear asset-management and uplift potential
- The property currently generates an annual income of approximately £183,000, with planning permission in place to reconfigure the residential accommodation into a 13-bed HMO, increasing projected income to approximately £264,600 per annum
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Description
The property is a five-storey, mixed-use building in a prime Battersea Rise location, offering strong existing income and potential for renovation. The property currently generates income from a commercial unit at ground and lower ground levels, as well as four self-contained residential flats above. Planning permission is in place to convert the residential accommodation into a 13-bed HMO, significantly increasing projected income.
The building is situated near local shops, cafes, and restaurants, and is close to Clapham Common and Wandsworth Common, with nearby transport links via Clapham Junction and Wandsworth Town stations.