Property description
Accommodation
Currently arranged with a light and spacious 3-bedroom apartment on the lower ground floor with access to both south-facing front garden and paved rear garden. The rest of the building consists of 19 bed-sitting rooms over four floors, each with its own kitchenette and served by four communal bath and shower rooms.
Revenue Return
Current income from the rental properties amounts to approx. £120,000 per annum, equal to 5%+ gross rental yield. Ready to be enhanced by further upgrading and refurbishment.
Condition
All rooms are habitable but would benefit from re-decoration, new carpets/floor-coverings and improved heating systems.
Location
Convenient for Clapham Common tube (northern line) and High Street shopping. Range of leisure activities on Clapham Common with its 220 acres of open space.
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