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5 bedroom maisonette for sale

Balham High Road, London, SW17

Guide Price £1,000,000

Property Description

Key features

  • Freehold Mixed Residential And Retail Investment
  • Located In Central Balham
  • Prominent High Street
  • Spilt Level Residential Maisonette
  • Significant Development Potential On Reversion
  • Investment With Rent Reserved at 33,750 Per Annum
  • Currently 1 Retail Unit
  • Mid Terrace Building

Full description

Tenure: Freehold

A FANTASTIC INVESTMENT oppotrunity, a mid terraced building forming part of a retail parade.
Comprised of both commercial and residential space, the ground floor and basement is let and utilised as The Curtain Workshop.
There is a separate gated entrance off Strethbourne Road which provides access to the upper floor maisonette.

Investment with rent reserved at £33,750 per annum.

Upper Maisonette let on a regulated tenancy
Rent review on September 2019

On reversion of the upper floor tenancy the space provides enormous potential for redevelopment and possible conversion to a number of self contained flats which also could incorporate extension into the roof space to create a mansard further enhancing the space available for conversion maybe to three or four separate self contained flats.
Purchasers are deemed to rely on their own enquiries with regard to development potential and planning permissions required on reversion of the upper floor tenancy.
Images used are for visualisation purposes only.

The property is lcoated on the east side of Balham High Road (forming part of the A24) between junctions with Strethbourne Road to the north and Drakefield Road to the south.
This is a busy retail parade fronting the A24 which caries a high volume of passing vehicular and pedestrian traffic. Tooting Bec Underground Station (Northern Line) lies to the south whilst Balham Underground and rail station lies to the north. This parade serves a densely populated surroundign residential catchment together with high visibility from the volume of passing vehicular traffic.

Energy Performance Certificate (EPC) graphs

Listing History

Added on Rightmove:
29 June 2018

Map & Street View

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