This impressive mid-terrace Victorian house presents a unique opportunity for those looking to invest in a property with significant renovation potential. Currently configured as eight self-contained studio flats, this extensive residence offers approximately 2,754 square feet (256 square meters) of living space and generates an annual income of around £142,000.
Spread over four levels, the property features a south-facing garden at the rear, which not only provides an outdoor retreat but also boasts potential for further development. The lower ground floor could be extended, allowing for an increase in both living area and rental income, making it an attractive option for savvy investors.
Located in a tranquil neighborhood adjacent to Abbey Road, this property benefits from proximity to the vibrant amenities of St John's Wood High Street, just half a mile away. Residents can enjoy easy access to shopping and transportation facilities. Additionally, the expansive green spaces of Regent's Park are only 0.8 miles away, offering ample opportunities for outdoor leisure activities.
This property stands out not only as a profitable investment but also as a canvas for renovation, providing a chance to enhance its appeal and value in a sought-after location.