This freehold block presents a formidable investment opportunity, comprising six spacious two-bedroom flats, alongside six garages and additional parking spaces. Each self-contained apartment offers consistent rental appeal and the block's current configuration permits steady income generation. Beyond its existing revenue stream, there is noteworthy potential for future development; plans could be made to convert the loft area into additional flats or to repurpose the garage and parking facilities, all subject to requisite planning approvals.
Conveniently positioned near local amenities and well-linked by transport systems to Central London, this property holds significant allure for tenants, ensuring robust long-term demand in the rental market. This asset is suited for investors and developers looking for:
- A well-established income-generating freehold block
- Opportunities for asset management and potential rental increases
- Development possibilities that could enhance value (subject to planning)
- Additional income from garages and parking spaces
- Strong appeal for commuters due to proximity to central transport routes.