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 West Norwood, just 200 meters from West Norwood Railway Station, offering direct routes into Central London. The freehold property, formerly an office building, was converted in 2021 to provide 18 residential flats, all let on assured shorthold tenancies (ASTs) for an annual income of £243,144. The building, constructed in the 19th century and 1980s, features a mix of traditional and modern architectural styles, with a rear yard and car park accessible from Langmead Street. The property is well-located for a range of amenities and transport links, with the green open spaces of Norwood Park nearby.