2 Bedrooms Flat for sale in Tooting High Street, Tooting, London SW17 | £ 450,000
Overview
| Price: | £ 450,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | London |
| Town: | London |
| Postcode: | SW17 |
| Address: | Tooting High Street, Tooting, London SW17 |
| Bathrooms: | 1 |
| Bedrooms: | 2 |
Property Description
View the architect plans! Development opportunity C James and co are offering this ground and basement floor to the market. This property is currently an accountant's office laid out over the ground floor and basement with access from both the front and back of the building. Planning permission has been granted for it to be converted into two separate flats. A one bedroom on the ground floor and larger flat at basement level. The office comes with the freehold for the whole building with ground rents of approximately £150 pounds each, coming from the first and second floor flats above the office, both of which have around 118 years remaining on the lease . A new one bedroom flat if done well should command a price of around £375,000 and the larger flat would in my opinion command a price of £425,000. The price I have given I believe to be fair and slightly conservative depending on the finish. The one bedroom rental £1250 pcm and the larger flat £1450 to £1500 pcm once again conserv...
Property Location
Property Marketed by C James & Co
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