Thursday, 23 October 2014

Development opportunity on Hazelbourne Road SW12

One for the developers today. You'll have to act quickly, with final viewings scheduled for tomorrow (24/10) at 10.30am before it goes under the hammer with Savills Auction House on Tuesday 28th October.


Lot 49

With "four rooms", a kitchen, separate WC, and the potential for a loft conversion to create a split level flat with roof terrace, the guide price of £480,000 represents an enticing opportunity for a savvy developer. I can't comment as extensively as I would like having not inspected it, but knowledge of the area dictates a two bedroom flat would comfortably change hands for £700,000 plus. If the potential exists to get three bedrooms, a roof terrace, and to make the property split-level by converting the loft then there is huge margin to be made.

Hazelbourne Road is an excellent location moments from Clapham South tube (Northern Line) and the A205 South Circular. Clapham Common, Clapham High Street and Balham High Road are all within walking distance.

If you're thinking of buying, selling, or letting a property then why not ask my opinion with no obligation? Feel free to email me in confidence at kevin@xandermatthew.com or call me on 020 3397 2099.

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