Clarkegrove Road, Botanical Gardens S10 12 bed block of apartments for sale

>

Clarkegrove Road, Botanical Gardens S10 12 bed block of apartments for sale

Clarkegrove Road, Botanical Gardens S10
£875,000

Our Summary

  • This property represents an excellent chance for an investor to have full control over the entire building with some improvements being possible to maintain and improve rental income, or with the option of subdividing the leases to sell individually, subject to consents

Description

This large Victorian property in the heart of S10, close to Ecclesall Road and the Botanical Gardens, offers a unique investment opportunity. The property has been subdivided into six two-bedroomed apartments, each with its own tenancy, including one with a lifetime tenancy. The property has undergone improvements, including double glazing and gas central heating, and has a full height block built fire escape and fire alarm system. With current tenancies in place and a long leasehold of 800 years from 1877, this property represents an excellent chance for an investor to have full control over the entire building, with potential to maintain and improve rental income or subdivide the leases to sell individually, subject to consents. The property is perfectly located, with easy access to shops, pubs, restaurants, and universities, as well as the city centre and railway station.