Investment/Development Opportunity, 111-119 Knollys Road, Streatham, SW16 2JP

The site totals 0.68 acres and comprises five freehold properties and land to the rear.  The properties at 111-117 Knollys Road form two pairs of semi-detached houses.  Theses are arranged over lower ground, ground, first and second floors.  Each property is approximately 2,000 sq ft GIA.  119 Knollys Road has been converted into 2 x 2 bedroom flats.  The land to the rear forms a largely cleared site which is bounded by a railway line to the north.

Location

The site is located on Knollys Road in Streatham, within the London Borough of Lambeth.  There are three mainline railway stations, Streatham Hill, Tulse Hill and West Norwood all within 0.8 miles of the property or a 15 minute walk.  There is a newly built bus station and interchange in Streatham which provides regular bus services to Elephant & Castle, Brixton and Croydon.  The A23 is approximately one mile to the east which is the main road between London and Brighton. 

Accommodation

Total site area - 0.68 acres

Terms

VAT - None of the properties are elected for VAT.

PROPOSAL - Price on application.  Preference for unconditional offers but consideration will be give to subject to planning offers. 

Specification

• Five freehold residential properties with land to the rear
• Two pairs of semi-detached houses and 2 x 2 bedroom flats
• Fully let on AST's producing a total of £14,650 per month
• Total site area of 0.68 acres
• Tulse Hill, Streatham Hill and West Norwood railway stations are all withn 0.8 miles
• No previous planning history on the site
• Preference for unconditional offers but consideration will be given to subject to planning offers
• Can be sold as a whole or in various parts
• Price on application