block of flats for sale

Freehold Investment Opportunity | 2 Maisonette Flats | 5 Bedrooms Total | Prime SW14 Location | Mortlake, London National Residential are delighted to offer this substantial freehold property comprising two self-contained maisonette flats, ideally located on Lower Richmond Road in the highly sought-after Mortlake area of South West London, this is a rare opportunity in a prime location. Investment & Rental Information * Ground Floor Flat: 2,400 PCM (28,800 per annum) * First Floor Flat: 2,100 PCM (25,200 per annum) * Total Rental Income: 4,500 PCM (54,000 per annum) Based on the current combined rental income, the property delivers a gross yield of approximately 4.5%. This reflects a strong income-producing freehold investment in a prime South West London location, with further potential for long-term capital growth. Key Features * Freehold - two flats included * Ground floor 2-bedroom, 2-bathroom maisonette with private garden * First floor split-level 3-bedroom maisonette with attic conversion * Over 5 bedrooms total across the property * Period features including high ceilings and character details * Modernised interiors throughout * South-facing outdoor aspects * Highly desirable Mortlake / Richmond location * Excellent transport links (rail & road) * Strong investment or multi-family living potential Property Overview Ground Floor Maisonette (131): A beautifully presented period maisonette offering a bright and spacious layout. The property benefits from high ceilings, wooden flooring, and a seamless blend of character and modern finishes. Accommodation includes two double bedrooms and two bathrooms, alongside a contemporary open-plan living/kitchen area. This space flows directly onto a private south-facing garden, providing excellent indoor-outdoor living. Further enhancing the appeal of the garden flat is a substantial dressing room, providing excellent storage space. The private rear garden also benefits from a garden shed and a summer house, offering additional versatility, ideal for storage, a home office, or leisure use. First Floor Maisonette (131a): A substantial split-level apartment extending to over 1,000 sq ft, offering flexible and well-proportioned accommodation across two levels. The property comprises three bedrooms (including two large doubles and a generous single with built-in storage). The top floor features an impressive open-plan kitchen/dining/living space with a south-facing Juliette balcony, creating a bright and airy focal point. The impressive open-plan living space to the top floor is finished with high-quality solid walnut flooring throughout, adding a premium feel to this already bright and spacious area. The property has been redecorated throughout and benefits from new carpets, while retaining its original character. External The property has also recently been repainted externally, ensuring a well-maintained and attractive appearance. Location - Mortlake, Richmond (SW14) Situated on Lower Richmond Road, this property enjoys a prime position in one of South West London's most desirable residential areas. The property is within walking distance of Mortlake Station, offering direct services into London Waterloo, making it ideal for commuters. Additional connectivity is provided via nearby bus routes linking to Richmond, Hammersmith, Chiswick, and Putney. The area is renowned for its proximity to the River Thames, as well as expansive green spaces including Richmond Park and Kew Gardens, offering exceptional outdoor lifestyle opportunities. Why This Property? This is a rare opportunity to acquire a freehold building comprising two high-quality maisonettes in a prime London location, the property offers versatility, strong rental potential, and long-term capital growth in a highly desirable area. This property is ONLY available for purchasers who are NOT in a chain. 1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances. *By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided. This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of 5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.