Residential Investment Opportunity in vibrant West Norwood. Situated on Norwood High Street, to the south of the London Borough of Lambeth, freehold building of 18 residential flats all let on ASTs for 243,144 p.a. Prime Residential Investment Opportunity in vibrant West Norwood. Situated on Norwood High Street, towards the southern edge of the London Borough of Lambeth, approximately five miles south of Central London. West Norwood Railway Station is just 200 meters to the north-west, offering convenient direct routes into Central London. This mixed-use freehold property features a mid-terrace former office building which was converted in 2021 to provide, 18 Residential flats. The building is arranged over a basement, ground, and two upper floors, with a rear yard and car park accessible from Langmead Street and a side gate. floors, with a rear yard and car park accessible from Langmead Street and a side gate. The northern part of the property dates back to the 19th century and is constructed of traditional solid brick, while the remainder of the building, constructed in the 1980s, features a concrete frame with brick facades and arched windows. The property is well located for a wide range of amenities on offer in central West Norwood while the green open spaces of Norwood Park are easily accessible as well as transport links.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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