Terraced house for sale in London SW2, 6 Bedroom

Ewemove brixton - For sale by Modern Method of Auction: Starting Bid Price £1,250,000 + Reservation Fee. Excellent investment opportunity. A large Victorian House currently split into 6 bedrooms all with ensuite shower rooms & rented on ast's generating a monthly income of £4465pcm

This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by iam-sold Ltd. To view or make A bid - Contact “EweMove Brixton” or visit:

A large Victorian terraced house currently split into 6 bedrooms all with ensuite shower rooms and rented on ast's as rooms generating a monthly income of £4465pcm (£53,580pa). Potential for further improvement & increased income levels. Available by Auction Guide Price £1,250,000

Currently split into 6 separate rooms all with an ensuite facility and with an hmo license for 6 single occupancy tenancies, the rooms are currently rented under separate tenancy agreements and together currently generate a monthly income of £4465pcm (£53,580pa). The house also offers the potential for a 7th room in the loft space (not currently finished) which subject to final planning consent and hmo licencing could bring the monthly income to £5365pcm (£64,380pa)

As a rented property the tenants have a shared kitchen/dining room, plus garden area they can all use.

Viewing times - Viewing times are strictly by prior appointment via Ewemove.

This home includes:

• Entrance Hall


• Room 1
  
  Baw window to front, working surface with sink and storage unit.


• Ensuite Shower Room
  
  Shower cubicle, wash basin, wc


• Room 2
  
  Window to rear


• Ensuite Shower Room
  
  Shower cubicle, wash basin, wc


• Basement
  
  The basement is approached off the hallway.


• Kitchen / Dining Room
  
  Located at the rear of the house, open plan living/dining room to kitchen, double doors to rear. Fitted wall and base units, oven and hob, space for appliances, central heating boiler (untested), window to rear overlooking the garden.


• Landing
  
  Split level landing


• Room 3
  
  Window to rear and side, working surface with sink and storage unit.


• Ensuite Shower Room
  
  Shower cubicle, wash basin, wc


• Room 4
  
  Window to rear, fitted wardrobe cupboard


• Ensuite Shower Room
  
  Shower cubicle, wash basin, wc


• Room 5
  
  Bay window to front, further window to front, built in wardrobe cupboard, working surface with sink and storage cupboard


• Ensuite Shower Room
  
  Shower cubicle, wash basin, wc


• Room 6
  
  Window to rear, working surface with sink and storage unit


• Ensuite Shower Room
  
  Window to side, shower cubicle, wash basin, wc


• Attic
  
  This is a potential 7th room with an Ensuite facility - this area needs to be finished off and final planning and building regulation approval sought.


• Garden
  
  Front and rear gardens

Please note, all dimensions are approximate / maximums and should not be relied upon for the purposes of floor coverings.

• Investment Opportunity
  
  House with hmo License


• 6 bedrooms all with ensuite shower rooms
  
  Kitchen/Dining room/Lounge


• Garden and Cellar
  
  Huge potential to improve and increase rental income levels


• Viewing by prior appointment only


• Energy Performance Certificate (EPC) Rating:
  
  Band E (39-54)