Sold £49,000
- Residential Development
- Tenure: Leasehold. The property is held on a lease for a term of 125 years from 13th December 2016 (thus having approximately 124 years unexpired).
Call the team on 020 7625 9007 for more information
A Well Located Residential Development Opportunity (Subject to obtaining all necessary consents).
The property comprises a development opportunity to create a lower ground floor flat beneath an existing mid terrace house arranged over ground and two upper floors.
Tenure
Leasehold. The property is held on a lease for a term of 125 years from 13th December 2016 (thus having approximately 124 years unexpired).
Location
The property is situated in the North West London area of Gospel Oak close to local shops and amenities. The open spaces of Hampstead Heath are within easy reach. Transport links are provided by Gospel Oak overground station.
Accommodation
The buyer will be required to excavate the area below the ground floor in order to create a new self-contained flat (subject to obtaining all relevant consents).
We have been advised that the sale will include freeholder's consent for any work at nil premium. Prospective buyers are advised to check the legal pack for further details.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.
