A Freehold Ground Rent Investment and Roof Space Development Opportunity Offered with Planning Permission for the Construction of a Further Five Self-Contained Flats All Secured Upon a Detached Building of Eighteen Flats and Nine Garages (All Sold-Off) Currently Producing £1,175 Per Annum

The property comprises a detached purpose built block of eighteen self-contained flats arranged over ground and three upper floors. The property also benefits from nine garages.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Walpole Park are within easy reach. Transport links are provided by South Ealing underground station (Piccadilly line) and West Ealing rail station.

Accommodation

Please refer to the legal pack for the Accommodation and Tenancy Schedule of the existing building.

Planning

Ealing Borough Council granted conditional planning permission (ref: 194682FUL) on 23rd July 2021 for the construction of five self-contained flats (1 x two bedroom, 3 x one bedroom and 1 x studio). Please refer to the legal pack for more details.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.