Investment property with planning permission

An excellent opportunity to acquire the freehold of 387 Durnsford Road, SW19, with planning permission granted (25/P1661) to convert the existing ground-floor commercial premises into a self-contained one-bedroom flat. The sale also includes the freehold of four adjoining flats, currently producing £300 per annum ground rent per flat (£1,200 per annum in total). The property offers an attractive combination of residential development potential and an existing ground rent income, making it well suited to developers and investors. The location benefits from excellent transport links, being situated close to Wimbledon Park Underground Station (0.32 miles), Earlsfield Rail Station (0.47 miles), and Southfields Underground Station (0.59 miles). Local educational facilities include Wimbledon Park Primary School (0.08 miles), Southfields Academy (0.43 miles), and Tram House School (0.44 miles). Please note we have not inspected this property.