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6 bed terraced house
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Our Summary
- Investment Opportunity
- An infrequent and highly attractive investment opportunity to acquire a substantial double fronted Victorian town house, currently arranged into six apartments and enjoying a long-established history as a successful buy-to-let investment
- With potential minimum income of £46,500
- The property offers considerable scope for rental growth, with current income levels considered to be significantly below prevailing market rents and with potential for refurbishment and reconfiguration presenting investors with an excellent opportunity to enhance returns through modernisation and revised tenancy terms
- Of particular note is the extensive basement level, which offers enormous potential for further development, reconfiguration or additional accommodation, subject to the necessary planning permissions and building regulation approvals
- This untapped space could provide a substantial uplift in both income and overall asset value
- Opportunities of this scale and potential are increasingly rare, particularly with such strong existing income and clear value-add prospects
- The property will undoubtedly appeal to seasoned investors, developers and portfolio landlords seeking a sizeable income-producing asset with future development potential and growth
- Offered to the market with the benefit of an established rental history and enormous scope for further growth and improvement, the current occupancy is: Apt 1
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Description
The property is a double-fronted Victorian town house with six apartments, offering spacious accommodation throughout with period features and character. The building retains an impressive presence with each apartment featuring well-proportioned living space. The basement level offers enormous potential for development, reconfiguration, or additional accommodation subject to necessary planning permissions.
The property also includes a large rear car park with vehicle access. The property has a private garden, spacious accommodation, and an extensive range of character features throughout, including the impressive period building design. The building also has an extensive basement level, a large rear car park, and vehicle access via the rear of Studley Road.