Property

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Property

Norwood High Street, West Norwood, London SE27
£4,000,000

Our Summary

  • Residential Investment Opportunity in vibrant West Norwood
  • Prime Residential Investment Opportunity in vibrant West Norwood
  • Development Potential: Opportunity for vertical extension to increase value

Description

This prime residential investment opportunity is located on Norwood High Street in vibrant West Norwood, just 200 meters from West Norwood Railway Station with direct routes to Central London. The mixed-use freehold property, converted in 2021, features 18 residential flats all let on Assured Shorthold Tenancies (ASTs) for an annual income of £243,144. The property, with a rich history dating back to the 19th century, is arranged over a basement, ground, and two upper floors, with a rear yard and car park accessible from Langmead Street. The location offers easy access to a wide range of amenities, green open spaces, and transport links, making it an attractive investment opportunity.