Thursday 30 October 2014
Spacious Victorian family home in need of modernisation. Arlesford Road, SW9
This five bedroom Victorian family home has just come onto the market with an asking price of £999,950. Arlesford Road is one of SW9's most desirable streets, within east walking distance to Clapham High Street as well as Clapham North (Northern Line) and Stockwell (Northern and Victoria Lines) tube stations.
Split over three floors, and offering four sizeable bedrooms and one single/small double as well as outside space, it would make a fantastic family home once modernised throughout.
Alternatively, developers will notice its potential to be reconfigured into two properties - a 2 bedroom ground floor garden flat, and a split-level 3 bedroom flat on the upper floors. Finished to a high standard they could be expected to fetch £700,000 and £650,000 respectively in the current sales market. You may need to offer a fair way below the asking price to create a good profit margin, but for a cash offer that might be acceptable.
If you have your eye on a development or buy-to-let opportunity in SW London, feel free to send the Rightmove/Zoopla link to firstname.lastname@example.org and I'll happily give you my honest opinion.