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2 bedroom bungalow for sale
South Hill Avenue, South Harrow
£575,000
South Hill Avenue, South Harrow
£575,000
Our Summary
- Development opportunity Permission granted for 2 X 3 bedroom semi-detached houses with parking
- Introducing an exceptional development opportunity conveniently located just moments away from South Harrow underground station
- With approved planning permission to demolish the existing unit and build two contemporary 3 bed 3 bath homes of some 1260sqft each, and parking for both units, this project promises both convenience and modern living
- Dont miss the chance to capitalize on this prime location and create two remarkable residences Another exciting option is the approved planning permission to extend the existing unit into a spacious 3-4 bedroom home, also suited for conversion into a 4-5 room House in Multiple Occupation (HMO)
- Currently rented under an Assured Shorthold Tenancy (AST) agreement at £1850 per calendar month, this property presents an immediate income stream while offering the potential for lucrative expansion
Description
This development opportunity in South Harrow offers a unique chance to create two modern 3-bedroom homes with parking, or to extend the existing unit into a spacious 3-4 bedroom family home or 4-5 room HMO rental. With approved planning permission, the property can be demolished and replaced with two contemporary homes of approximately 1,260 square feet each, or the existing unit can be extended to create a larger property. The location is conveniently situated near South Harrow underground station and several bus routes, making it an ideal spot for commuters. The property is currently rented out at £1,850 per month, providing an immediate income stream, and has the potential to generate a lucrative rental yield of £3,800 to £4,300 per month. Whether seeking a rental income or a spacious family home, this versatile property offers endless possibilities.