A pair of neighbouring freehold houses in Norbury, SW16 to be sold vacant.
The larger property comprises a 5 bedroom semi-detached Victorian house. This is arranged over ground, first and second floors and measures circa 2,900 sqft. Benefitting from a large rear garden, side conservatory addition and front garden, the property is in immaculate condition throughout possessing all of its original features.
The 3 bedroom detached house measures circa 1,500 sqft and was built in 1995. This is of traditional brick construction and is laid out over ground and first floors, benefitting from a gated front driveway and sizeable rear garden. This is also in good condition throughout.
Both properties offer apparent potential to be converted into selfcontained apartments or HMO's (STPP). The precedent has been set to extend the Victorian house over two storeys providing a further circa 1,200 sqft of accommodation. Additionally, it appears the detached property could be extended at the rear and with a second floor, providing circa 1,300 sqft of newly built floor space.
The houses could also be broken up and sold individually. We believe the properties (in their current condition) to be worth in the region of £2,100,000 combined. This is calculated as approximately £1,300,000 for the semi-detached house, and £800,000 for the detached house. The most recent comparable is the house next door (number 10), which sold in unmodernised condition for £1,200,000 in January 2015.