Berrylands Road, Surbiton
5 bedroom maisonette for sale
An exciting and rare opportunity to acquire this well located, extremely spacious split level 5 bedroom licensed HMO ideal for rental investment, occupation or development (STPP).
Situated within an attractive Victorian building, this maisonette is arranged over the entire first and second floors of the building with a large loft space above considered suitable for conversion to provide additional accommodation, subject to the requisite consents.
The property is well located in an attractive area of Surbiton, within walking distance of the High Street and B.R. Station with its fast and regular rail links into London Waterloo.
The accommodation currently consists ground floor private entrance with internal staircase up to the first floor where there are 2 double bedrooms, a separate reception room, separate kitchen/diner and two bathrooms/W.C. A very spacious first floor landing has a further internal staircase leading to the second floor where there are three further double bedrooms and access to the roof space.
The property is fully let and currently produces a rental yield of circa £2,000 per calendar month but there is considerable scope to improve the rental income achievable per room through modernisation/extension and/or the creation of en-suites to each room. Alternatively, we believe there is also scope for the sub-division of the existing maisonette to form a number of smaller self-contained apartments either using the existing first and second floor accommodation and/or extension into the roof space (STPP) to potentially create a third unit.
The property will be offered on a new 999 year lease at a peppercorn ground rent.
Please call Blakes Chartered Surveyors and Estate Agents for further information or to arrange a viewing.
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.