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The Avenue, Worcester Park KT4 6 bed detached house for sale
The Avenue, Worcester Park, KT4
£1,500,000
The Avenue, Worcester Park, KT4
£1,500,000
Our Summary
- Currently divided into four separate self contained residential flats currently all let out generating an income of £8455 per month ( the landlord pays the costs of council tax, water charges, wifi and energy costs ) Flat A A front aspect ground floor one bedroom flat £1400 PCM Flat B First floor two double bedroom flat let as individual rooms £3200 PCM Flat C Second floor two bedroom flat let as individual rooms £2255 PCM Flat D Ground floor one bedroom garden flat which could be converted to a two bedroom subject to the usual consents £1600 PCM
- FLAT D GROUND FLOOR ONE BEDROOM GARDEN FLAT WHICH COULD BE CONVERTED TO A TWO BEDROOM SUBJECT TO THE USUAL CONSENTS £1600 PCM
- Flat d ground floor one bedroom garden flat which could be converted to a bedroom subject to the usual consents £1600 pcm
Description
This 1900's built detached freehold property in Worcester Park is a sought-after investment opportunity, offering a large frontage and side driveway leading to a rear garden. Currently divided into four self-contained residential flats, the property generates a monthly income of £8455, with the landlord responsible for council tax, water charges, wifi, and energy costs. The flats, ranging from one to two bedrooms, are all let out and offer a range of rental income streams, including a one-bedroom ground floor flat, two double bedroom flats on the first and second floors, and a one-bedroom garden flat that could be converted to a two-bedroom property with the right consents. The property's location is convenient, with local schools, shops, restaurants, and cafes nearby, as well as Worcester Park's mainline station, which offers a 30-minute commute to Waterloo.