Property Investment Ref: PI01237
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Gleneldon Road, Streatham, SW16 £2.75m
Rental Income Further tenancy information is available on the dedicated website. The table below displays the contractual rent attributable to the 30 occupied flats arranged across the 4 houses 14 Gleneldon 1 Studio Ground 272 £425 £5,100 2 Studio Ground 265 £410 £4,920 3 Studio Ground 276 £425 £5,100 4 Studio Ground 340 £440 £5,280 5 Studio 1st 358 £500 £6,000 6 Studio 1st 265 £430 £5,160 7 1 Bed 1st 536 £325 £3,900 8 Studio 2nd 370 £450 £5,400 9 1 Bed 2nd 379 £500 £6,000 10 Studio 2nd 266 £425 £5,100 16 Gleneldon 1 Studio Ground 289 £425 £5,100 2 Studio Ground 252 £440 £5,280 3 Studio Ground 311 £460 £5,520 4 Studio 1st 322 £425 £5,100 5 Studio 1st 256 £425 £5,100 6 Studio 1st 326 £475 £5,700 7 1 Bed 2nd 354 £450 £5,400 8 Studio 2nd 270 £400 £4,800 9 Studio 2nd 322 £475 £5,700 18 Gleneldon 1 2 Bed Ground 953 £700 £8,400 2 1 Bed 1st 493 £460 £5,520 3 Studio 1st 343 £550 £6,600 4 Studio 2nd 409 £475 £5,700 5 Unknown 2nd 413 £525 £6,300 20 Gleneldon 1 Studio Ground 425 £480 £5,760 2 Studio Ground 418 £460 £5,520 3 1 Bed 1st 502 £460 £5,520 4 Studio 1st 348 £575 £6,900 5 Studio 2nd 362 £475 £5,700 6 1 Bed 2nd 503 £400 £4,800 Total 11,198 £13,865 £166,380
Location
Gleneldon Road is located in Streatham in the London Borough of Lambeth. Streatham is bordered by Streatham Hill to the north, by West Norwood to the east, Streatham Vale and Norbury to the south, and Streatham Park to the west. The subject property is situated on the south side of Gleneldon Road and is bounded by residential units on Gleneldon Road to the north and east, by gardens and thereafter residential units to the south, and by Bournevale Road to the west. The property is easily accessible via public transport. There are a number of bus routes operating on Streatham High Road (A23) and Tooting Bec Road (A214) providing access to the surrounding areas and Central London. Streatham Railway Station is located approximately 0.26 miles to the south on Streatham High Road (A23), which provides services to London Victoria and London Waterloo in approximately 25 and 35 minutes respectively. Tooting Bec Underground Station (Northern line) is approximately 1.4 miles to the north west of the subject property. The immediate area is primarily residential and benefits from a range of independent shops, bars and restaurants, all of which are within walking distance. Streatham also benefits from plenty of green open space with Tooting Bec Common on the western edge whilst Streatham Common lies to the south with views across south London. Description The properties comprise four semi detached Edwardian houses that have been broken up into 30 flats. The area is residential in character with varying types, style, age, and design of properties. However, the surrounding area generally has a traditional street pattern. Gleneldon Road is a local distributor road which is on a gradient and runs east to west between Valley Road and Streatham High Road respectively.
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