Development opportunity on Cavendish Road
The lots for December's auctions have been released, and this four bedroom property in Balham SW12 looks to be one of the best opportunities available for developers and investors.
The property on Cavendish Road goes under the hammer on Wednesday 10th December with Auction House London, with a guide price of £675,000. It's available with 124 years remaining on the lease, and planning permission has already been granted to create a separate lower ground floor two bedroom flat in addition to extending the existing two bedroom garden flat.
With its enviable location close to Clapham South Tube (Northern Line) and The Common itself, two bedroom period flats on Cavendish Road can fetch anywhere from £500,000 to £700,000, depending on condition and outside space.
Viewings can be booked with Auction House London (020 8012 3603) and are scheduled for the following times:
Thursday 27th November 14:30
Monday 1st December 13:30
Thursday 4th December 14:30
Monday 8th December 13:30
If you have your eye on a development or buy-to-let opportunity, why not get a second opinion? Email the Rightmove or Zoopla link to firstname.lastname@example.org and I'll be happy to give you my thoughts.