Initial price	£2,100,000
26/03/25	£1,900,000
06/06/25	£1,700,000
Price Change	-19.05%

This rare freehold investment and development opportunity is situated in a prime, upmarket location in Surbiton, Kingston Upon Thames, within the Surbiton Hill Park Conservation Area. The property consists of six fully let one-bedroom flats, with a current passing rent of £7,790 per month, and has a total gross internal area of 2,922 square feet. The site size is 0.18 acres, offering potential for development, subject to planning permission. The property is well-maintained and presented in good condition, with a strong rental income and excellent transport links to London Waterloo. The area boasts a welcoming, upmarket feel with scenic parks and the nearby River Thames, attracting young professionals and affluent families. Planning permission has been granted for the demolition of an existing garage and staircase, internal alterations, and the construction of a three-storey side extension to create a semi-detached two-bedroom residential unit. Additionally, there is potential to create a 3-bedroom house with garden on the left of the building, subject to planning permission. The property is being offered at a guide price of £1,700,000.