Initial price	£380,000
06/01/26	£340,000
Price Change	-10.53%

The property is a residential building located on Drayton Road, a 4-minute walk from the Kingston Road high street. The building sits on a 0.05-acre site and is arranged as two 3-bedroom apartments over four stories, totaling approximately 1,567 square feet. The ground/basement floor apartment is currently let to a company at £18,000 per annum, while the upper apartment is vacant. The council has expressed interest in referring tenants to achieve £695 per room each month, with income paid directly to the vendor. The building has an estimated rental value of £62,724 per annum, with potential for short let demand and Airbnb rentals. The property is available freehold and is not elected for VAT, with offers in excess of £380,000.