Property

>

Property

Norwood High Street, West Norwood, London SE27
£4,000,000

Our Summary

  • Residential Investment Opportunity in vibrant West Norwood
  • Prime Residential Investment Opportunity in vibrant West Norwood
  • Development Potential: Opportunity for vertical extension to increase value

Description

This is a prime residential investment opportunity in West Norwood, a vibrant area located approximately five miles south of Central London. The property, a mid-terrace building, features 18 residential flats that were converted from a former office space in 2021. The building is situated on Norwood High Street, close to West Norwood Railway Station, which offers direct routes into Central London. The property benefits from a mix of traditional and modern construction, with a rear yard and car park accessible from Langmead Street and a side gate. The area offers a range of amenities and green open spaces, making it an attractive location for residents. The property is currently let on Assured Shorthold Tenancies (ASTs) for an annual income of £243,144, making it an excellent investment opportunity.