Residential block with planning for sale in Kingston upon Thames

This property is marketed by:
Whozoo

Key Features

• Sought-after, upmarket Surbiton location (Kingston upon Thames)
• Unbroken freehold residential block
• Comprises six fully tenanted one-bed flats with separate garage
• Planning approved for 2-bed semi-detached extension
• 2,922 sqft (excludes garage, communal areas & extension)
• Only 10-minute walk to Surbiton town centre and train station

Description

• Rare Freehold Investment & Development Opportunity. 
• Prime, upmarket location in Surbiton, Kingston Upon Thames. 
• Situated within the Surbiton Hill Park Conservation Area with communal gardens pedestrian and shared staircase.
• Unbroken residential freehold block. Comprises six fully let one-bedroom flats.
• Fully let subject to Assured Shorthold Tenancies. 
• Current passing rent: £7,790 pcm / £92,940 pa. One flat is underlet. ERV: £8,380 pcm / £100,500.
• Total Gross Internal Area of 278 sqm / 2,922 sqft. Site size 0.18 acres. 
• Development potential to create a 2–3 bedroom house on the left of the building (subject to planning permission).

The existing garage to the right of the building is not included in the sale and is awaiting development. A new freehold title will be created for this element, which benefits from approved planning permission (Ref: 24/01703/FUL) for demolition and replacement with a semi-detached, split-level two-bedroom house.

Location:

The area boasts a welcoming, upmarket feel with scenic parks and the nearby River Thames, attracting young professionals and affluent families. Surbiton Town Centre, just a short walk away, offers a variety of shops, cafés, and restaurants. Surbiton Train Station is a 10-minute walk, providing fast links to London Waterloo in under 20 minutes. Excellent transport connections include multiple bus routes to Kingston and Wimbledon, while the A3 offers easy access to central London and the M25.