Grove Road, London, TW8
£80000.00 per sq ft
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Residential development for sale
Key features
- Freehold For Sale
- Lease and ground rent investment
- Comprising 1 long and 3 short leaseholds
- Excellent potential income
Description
The Section 5 notice of The Landlord and Tenant Act 1987 has not been served at this time and therefore the existing leaseholders do have the right of first refusal.
The property comprises 4 flats which are 2 x two bed ground and lower ground floor flats, 1 x one bedroom first floor flat and 1 x two bedroom first and second floor flat.
Flat 1 has a 99 year lease from 25th December 1985.
Flat 2 has a 99 year lease from 25th December 1985.
Flat 3 has a lease of approximately 150 years remaining.
Flat 4 has a 99 year lease from 25th December 1985.
The ground rents for Flats 1,2 and 4 are understood to be £95 per annum until 2051 and £115 per annum for the final 33 years. Flat 3 pays a peppercorn ground rent.
Location
Grove Road is positioned to give easy access to both Boston Manor Park and Gunnersbury Park as well as both Boston Manor and Northfields Underground stations (Piccadilly Line).
Grove Road, London, TW8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Brentford Station0.3 miles
- Northfields Station0.6 miles
- South Ealing Station0.7 miles
About Dexters Development & Investment, North London
Dexters Maida Vale, 298 Elgin Avenue, London, W9 1JSNotes
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