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Grove Road, London, TW8

Guide Price
£80,000

£80000.00 per sq ft

Business rates & charges may apply

Dexters Development & Investment, North London
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

A freehold investment comprising one long and three short leases in a popular residential area in Brentford.

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

Approximate location
Open mapStreet View

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 1JS

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 Group, Crest Nicholson, Metropolitan Housing, Henley Homes and Ballymore Group.

Landowner support

We guide land and property owners on the development potential of their assets and can help every step of the way through the planning minefield whilst providing guidance on the type of development you are likely to achieve. Working with our third-party planning and design team we can help you to visualise the concept, and assess the costs to build and value the end asset.

Land disposal

We can advise on the value of land, and explore development opportunities. Once we have assessed both the current value and the development value we can guide you on the best route to market.

Land acquisition

Our expert teams deal with development sites that are on the market, along with those that are being marketed “off market” and low-key.. If you are looking to invest or develop in these types of projects we can help source suitable opportunities, assess their future value and ultimately help you to acquire them.

Investment acquisition / disposal

We acquire and sell all types of investment assets from portfolio sales, whole block pre-sales, HMO's and mixed use (residential/commercial) Freeholds in the High Street. Whether you are looking to buy or sell an investment property we can help with valuations, comparable evidence, finding tenants, full management and block management..

New Homes sales & marketing

Whether in London or overseas, we can advise developers and housing associations on the unit mix, pricing, legislation, finance and buyer profiles.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3GroveRoad. 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, North 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.

Map data ©OpenStreetMap contributors.

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