5 Bedrooms Terraced house for sale in Tamworth Lane, Mitcham, Surrey CR4 | £ 600,000
Overview
| Price: | £ 600,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Terraced house |
| County: | London |
| Town: | Mitcham |
| Postcode: | CR4 |
| Address: | Tamworth Lane, Mitcham, Surrey CR4 |
| Bathrooms: | 0 |
| Bedrooms: | 5 |
Property Description
***investment opportunity***
An extremely spacious, two story, mid terraced house with a drive way in the front and an 60ft garden to the rear.
This 1930's property is currently being let out as a 5 bedroom house utilising the double reception rooms as bedrooms and the arrangement is at follows:
Ground Floor:-
Bedroom 1: Large double, front facing window, en-suite shower with WC.
Bedroom 2: Large double, rear facing windows overlooking garden. En-suite with shower and WC.
Kitchen: Fully fitted and equipped kitchen with gas cooker, oven, extractor.
Utility room: Comprising washing machine, fridge/freezer.
First Floor:-
Bedroom 3: Large double, front facing window.
Bedroom 4: Single, front facing window.
Bedroom 5: Large double, rear facing window.
Family bathroom: Comprising bath with shower over, WC, wash hand basin.
Attic with potential for conversion.
Externally:-
Drive way in the front and a garden to the rear.
Outbuilding to the rear currently let out as a self-contained studio flat with kitchenette and en-suite shower with WC.
Wooden flooring throughout.
Gas fired central heating.
UPVC double glazed.
Planning Potential:
Planning permission exists for conversion of the attic plus a 5.8 metre extension off the utility room.
Total income received per month = £3,750 which equates to £45,000 per annum.
Freehold sale price: £600,000 achieving A 7.5% yield
Property Location
Property Marketed by Andre Joseph Estates
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