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Kingston Road, Raynes Park, London, SW20 15 bed block of apartments for sale
Kingston Road, Raynes Park, London, SW20
£4,500,000
Kingston Road, Raynes Park, London, SW20
£4,500,000
Our Summary
- A recently refurbished mixed-use unbroken freehold investment opportunity situated in the heart of Raynes Park, offering strong income potential and excellent asset management or resale angles, with an estimated Gross Development Value (GDV) of £5,087,524
- The ground floor provides a highly visible Class E commercial unit with excellent street frontage, suitable for retail, office, medical, leisure or hospitality uses (subject to consents)
Description
This recently refurbished mixed-use property in Raynes Park offers a strong investment opportunity with excellent income potential and asset management or resale angles. Situated on Kingston Road, the property benefits from steady footfall and superb connectivity to Wimbledon, New Malden, Kingston, and central London. The building comprises five floors, including a highly visible Class E commercial unit on the ground floor, suitable for various uses, and nine newly refurbished residential apartments on the upper floors. The apartments are designed for modern living and represent an attractive rental proposition in a consistently strong local residential market, with a potential gross income of approximately £245,943 per annum. The property offers both stable income characteristics and compelling value-add upside, with break-up potential through the disposal of individual residential units, and a combined resale value near the estimated Gross Development Value (GDV) of £5,087,524.