Property Investment Ref: PI01237

                            

                                           There is little chance of a quick return to a housing boom despite the possibility of UK prices rising over the course of the year, surveyors say.
 

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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.

 

 

 

 

 

We are not retained and would require a fee to be agreed further information is available

on receipt of a L.O.I or P.O.F

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