This semi-detached Victorian property presents a significant opportunity for renovation and investment, particularly appealing to cash buyers looking to maximize potential rental income or undertake a redevelopment project. With approved planning permission in place (RR/2025/398/P), there is scope to convert the existing layout into three separate flats: two two-bedroom units on the ground and first floors, alongside a one-bedroom unit on the top floor.
Currently, the property comprises a spacious one-bedroom garden flat, supplemented by several bedsits with shared facilities across the floors. The ground floor features a living room that offers access to the rear garden, a kitchen/breakfast room with adequate space for modern appliances, and a generous bedroom that overlooks the outdoor area. The bathroom is designed for functionality with a walk-in shower.
The overall layout includes additional bedsits, each equipped with kitchenette facilities and varying sizes that suggest rental versatility. The potential monthly rental values are estimated at approximately £30,000 annually based on current market conditions: £640 for the garden flat, and between £360 to £540 for the smaller units.
The exterior of the property benefits from established gardens both front and rear. The rear garden is primarily laid to lawn and adorned with mature shrubbery, while a brick-built outhouse offers extra storage or potential workspace options.
Located in a convenient area with accessible amenities nearby, this property is ideal for those looking to invest in renovations that could significantly enhance its market value. Additionally, there is good transport connectivity within reach, further bolstering its appeal as an investment opportunity. Given its condition and potential for update or redevelopment, viewing is strongly encouraged to fully appreciate what this property can offer.
