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Clayponds Lane, London, TW8

Guide Price
£4,750,000

£920.54 per sq ft

Business rates & charges may apply

Dexters Development & Investment, London
SIZE AVAILABLE

5,160 sq ft

479 sq m

SECTOR

Residential development for sale

Key features

  • Residential freehold
  • House in multiple occupation
  • Part new build, part conversion
  • Potential to extend, subject to planning consent
  • £322,400 pa income
  • Unbroken Freehold

Description

Excellent Investment Opportunity to acquire a freehold residential block currently operating as a House in Multiple Occupation.

The property is located in Brentford, an area currently undergoing a large regeneration. The site is part new build and part converted consisting of 20 studio flats with additional communal kitchens and laundry. The site benefits from both rear parking and solar panels on the roof, with four of the studios also benefitting from a private garden to the rear.

4 x HMO terraced buildings, each consisting of 5 units. The property is a combination of a former public house and new build residential block. All 20 units are 258 square feet.

Current rent is £322,400 per annum. The rent includes water rates, all other utilities and council tax are paid by the tenants. Please see the downloads section for a full tenancy and property schedule.

Total area is 5160 square feet.

There is potential to add further units, subject to planning permission.

For sale is the unbroken freehold, the property is not elected for VAT

Brentford is a town in West London currently undergoing significant regeneration. Brentford overground gives direct links to central London, and the M4 links central London to Heathrow airport. Kew Bridge is a short walk away giving easy access to Kew Gardens, Richmond and Chiswick.

Clayponds Lane, London, TW8

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kew Bridge Station0.5 miles
  • Brentford Station0.5 miles
  • South Ealing Station0.9 miles

About Dexters Development & Investment, London

20 Claremont Road, Surbiton, KT6 4QU

Dexters Development & Investment, London

London covered

Our dedicated team of specialists have a well-established track record of achieving clients more than the market value for land, development and investment projects across the capital. Members of RICS, our qualified chartered surveyors uphold their reputation for integrity and professionalism.

Based in one of the Dexters ‘Centres of Excellence, our experts focus solely on development services for clients including Croudace Homes, Barratt Homes, Berkeley Grou

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Notes

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Disclaimer - Property reference 25ADClaypondsLane. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dexters Development & Investment, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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