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4 bed property
Holmdene Avenue, Herne Hill, London SE24
£1,050,000
Holmdene Avenue, Herne Hill, London SE24
£1,050,000
Our Summary
- Located on Holmdene Avenue, a prime tree-lined street renowned for its attractive period architecture and excellent transport links, this property offers both immediate income and long-term potential
- The current rental income stands at £40,000 per annum, with an Estimated Rental Value (erv) of £60,000, presenting a compelling opportunity for uplift through asset management or future redevelopment (subject to planning and tenancy)
Description
This rare opportunity presents a substantial freehold building comprising three self-contained apartments on a highly sought-after road in Herne Hill, just moments from Herne Hill station and close to Dulwich Village. The building, with a total floor area of 2,395 sq ft, is currently generating a rental income of £40,000 per annum and has an estimated rental value of £60,000, offering a compelling opportunity for uplift through asset management or future redevelopment. The property is well-located, within walking distance of three railway stations and surrounded by amenities, including independent shops, cafes, and restaurants, as well as parks and excellent schools. This is an ideal acquisition for investors seeking a stable income stream with value-add potential in a highly desirable South London location.