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86 London Road, Lewisham, London, SE23 Residential development for sale
86 London Road, Lewisham, London, SE23
£1,450,000
86 London Road, Lewisham, London, SE23
£1,450,000
Our Summary
- While the flats are in a habitable condition, both the interiors and the exterior of the building would benefit from a programme of modernisation
- This presents an excellent opportunity to add significant value through refurbishment
Description
This four-storey semi-detached building is a prime opportunity for investment or redevelopment, offering five self-contained flats and a substantial communal garden. While the flats are currently habitable, the property requires modernisation, presenting a chance to add significant value through refurbishment. Upon completion, the estimated rental value is expected to be around £120,000 per annum. The property is situated in the London Borough of Lewisham, within walking distance of Forest Hill Train station, which offers direct access to London Bridge. The local High Street is nearby, with amenities including the Horiman Museum and Dulwich Park. The A205 and A23 roads are also close by, providing easy access to Richmond, Greenwich, Surrey, and Central London. With multiple bus routes nearby, the property is well-connected to Gatwick and Heathrow airports. The vendors are seeking offers in excess of £1,450,000 for a swift sale.