7 bed property for sale Ashlake Road, London, SW16

7 beds 3 baths

Tenure: ask agent

Added today

About this property

Please Quote Ref AA1262 For All Enquiries - Exceptional 7-Bedroom HMO Investment with Development Potential A rare opportunity to acquire a substantial 7-bedroom HMO property in the heart of Streatham, SW16. Offering approximately 2,100 sq ft of accommodation plus an additional 384 sq ft of loft space, this versatile property represents a standout investment. Currently generating £87,660 per annum, with scope to increase rental income following a programme of light modernisation, this property delivers both strong returns and capital growth potential.

Key features

Please Quote Ref AA1262 For All Enquiries- Guide Price £950,000 - £1,000,000
Substantial 7-bedroom HMO
Approx. 2,100 sq ft plus 384 sq ft loft space and basement
Off-street parking & private garden
Current income: £87,660 per annum
Opportunity to convert back to a family home or into individual flats (STPP)
Situated on a desirable residential road
Excellent transport links
High rental demand
Chain Free

Floorplan

Location

Ashlake Road, London, SW16

Open map Street View

Council tax band: Ask agent

Mortgage and stamp duty

Property price £950,000

£475k £1.4m

Deposit10% £95,000

£0 £950k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £855,000 mortgage. Most lenders would want a household income of about £190,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.