A fantastic opportunity to purchase an investment property in the heart of Parsons Green.
The small-scale Barbican-style development was designed by architects Higgins and Ney and completed in 1968, receiving the Civic Trust Award in 1970. It attracted a large amount of media interest with articles in the Daily Telegraph and Guardian as well as local papers. In addition it was also the subject of a US university study and articles in British and German architectural journals. The maisonettes each face onto a high level street creating a safe space for children to play.
The property is currently separated into two flats with separate entrances. The first floor leads up to a studio with separate bathroom - council tax band A - EPC C; the second floor leads up a four bedroom apartment with spacious living area and large South West facing balcony - council tax band D - EPC D. There is plenty of storage in the property with a large separate storage room and under-stairs cupboard. There are garages and secure parking bays on the ground floor which are available to rent.
The building is in good structural condition but in need of some cosmetic refurbishment. The partition wall between the flats could easily be removed again if a purchaser was looking to return it to a spacious family home.
St Peter's Terrace is a short leafy street quietly located at the end of Kilmaine Road in Munster Village. The 'Village' hosts an array of highly popular shops, cafes and restaurants and has become increasingly more popular over the recent years as more and more people choose the location as their preferred location to live in Fulham. St Peter's Terrace hosts St Peter's church, which is located directly opposite the flat was formed as a parish in 1883 and is known for being extremely welcoming in bringing people together into its community in heart of Fulham through its busy events and activities diary. This property benefits from its transport links to both Parsons Green and Fulham Broadway tube station linked to central London and also the various bus routes along the Fulham Palace Road and also Fulham Road
This spacious property would be a great family home due to its quiet location, split level layout and impressive size. It would also make it a very attractive prospect to investors with it boasting an impressive rental yield for the area due to its proportions. All rooms are currently tenanted on separate AST agreements and full tenancy details are available on enquiry. Current gross yield 6%.