68 Fulham Palace Road, London, W6 9PL
- PROPERTY TYPE
House
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Part-constructed Development Site
- Highly prominent location on Fulham Palace Road
- Self-contained corner aspect Retail Space
- Vast self-contained Residential Triplex Apartment
- Current income of £44,000 per annum
- Opportunity to create 4 x 1 bedroom apartments (stp)
Description
68 Fulham Palace Road is a highly prominent site that occupies a very strong location close to Hammersmith and within a short walk of West Brompton. The property enjoys full planning consent from 2018 for the enlargement of the site at Ground, First & Second Floor levels (ref: 2018/03963/FUL) and more recently an application has been lodged to formalise the increased site area into 4 x 1 bedroom apartments. (ref: 2022/01480/FUL ) which is pending approval. Note: This application has yet to be decided.
The property currently comprises a high income generating 4/5 bedroom residential flat and a currently vacant self-contained commercial unit over Ground and Basement levels. There is a secure income stream of £44,000 per annum via AST agreements in relation to the residential, providing stable income to the incoming purchaser whilst the site is further explored to reach its full potential. Please contact Meridian CP for a detailed Development Appraisal of this opportunity.
Location
Fulham Palace Road (A219) is a bustling 1.5-mile major thoroughfare in West London. It connects the vibrant commercial hub of Hammersmith in the north to the historic, leafy riverside district of Fulham in the south.
Tube Stations: The northern end is served by Hammersmith Station (District, Piccadilly, Circle, and Hammersmith & City lines).
The southern tip terminates right next to Putney Bridge Station (District line). Barons Court (Piccadilly and District) sits slightly to the east.
River Access: At the southern end of the road near Putney Bridge sits Putney Pier, where you can catch the Uber Boat by Thames Clippers river taxi services eastward into central London.
GUIDE PRICE: £900,000
TENURE: FREEHOLD
VAT: The property is not elected for VAT
BUYERS NOTE: The property is to be sold without any warranties or additional planning information. It is therefore the responsibility of the purchaser to obtain comfort as to the structural integrity of the site and its future prospects for re-development with London Borough of Hammersmith & Fulham.
There is a Buyers Premium of 1% of the purchase price plus VAT.
Brochures
BrochureBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
68 Fulham Palace Road, London, W6 9PL
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Visit our security centre to find out moreDisclaimer - Property reference 375671-1. 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 MERIDIAN CP, 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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