Freehold 6 unit building +development potential. London. NO STAMP DUTY

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Freehold 6 unit building +development potential. London. NO STAMP DUTY
Property Size: 3,760 ft²
Uxbridge, UK See map

Offers in the region of £1,475,000

Built cira 1950’s and converted to comprise of  6 properties in 2015.

The apartments are currently vacant and in good condition, and currently let at 99,600 pounds per annum.

Approx 50,000 pounds had been spent to refurbish the property in the last year.

2 x two bedroom maisonettes with front garden and separate entrance

2 x two bedroom flats

2 x one bedroom flats

Each property has rights to a parking space

Approximately 350sqm of residential space excluding communal areas. See floorplan in gallery.

The building is sold together with the freehold, and benefits from further potential to add additional units. There are currently detailed plans for 3 new flats (1 x two bedroom, 73sqm ; 2 x one bedroom, 41sqm ) + roof terrace for each flat. No application has been submitted at this time yet.

The property is held under a newly incorporated SPV company, and if the buyer wishes, the sale can be via transfer of shares so no Sdlt liability for a significant capital saving. Company is new, so a very simple transaction if this option is preferred.


Listed: October 2, 2022
Views: 439
ID: 9755348


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