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4 bedroom block of apartments for sale
130 – 132 Portland Road & 1A – 1B Holland Road
£900,000
130 – 132 Portland Road & 1A – 1B Holland Road
£900,000
Our Summary
- There is the potential to acquire the fifth unit (2 bed) within 130 – 132 Portland Road
- The opportunity has potential for development subject to the relevant consents following positive feedback from the local authority
- There is potential for further development including a plot adjacent to the site
Description
The property portfolio consists of four one-bedroom units, generating a total annual income of £43,800, with the potential to acquire a fifth unit, a two-bedroom property, within the same complex. The site, located in the London Borough of Croydon, has excellent transport links, with Norwood Junction Station just 0.6 miles away, offering direct access to London Bridge Station in 13 minutes. The property has potential for development, subject to relevant consents, and further development opportunities exist on adjacent plots. The seller is inviting offers in excess of £900,000.