Cromwell Road, London

Number 1 & Number 3 Cromwell Road, Teddington, London
Price: OIRO £4,400,000

A rare opportunity to acquire an investment opportunity in one of London’s most affluent areas, consisting of two freehold detached Victorian houses currently split into 8 flats with solid rental income with current planning in place to create two further studio apartments, there is also further development potential to the rear (subject to obtaining the usual planning consents).

The Properties
These two-striking period detached houses each on their own plot, were fully renovated in 2018 and consist
 of 4 x 1 bed, 2 x 2 bed and 2 studios with a total area of 3,375 sq ft GIA. All the flats boast modern bathrooms and kitchens; gas central heating and quality flooring. There are communal gardens for each property as well as a separate plot of land with street access which is on a separate title and can be purchased by separate negotiation.

All units have a 125 Year Lease from 2018 (121 Years Remaining)

The Location
Cromwell road is a pretty residential road just off the main shopping area, close to Teddington train station which offers a regular service into Waterloo (35 minutes). Teddington is an extremely popular town in the affluent borough of Richmond-upon- Thames in South West London. Located on the bank of the Thames just 12 miles from Central London, the area has become a Property Hotspot in recent years offering highly rated schools, excellent transport links; lots of parks; areas of natural beauty; and a bustling shopping area with individual shops; high street brands and eateries. Heathrow; Gatwick and Central London can be easily reached by car, bus and other forms of transport.