Next Auction:
12/12/2024
Lot 7
This freehold investment and development opportunity consists of a block of 6 x two bedroom self-contained flats within a gated development producing a ground rent income of £900pa. Furthermore planning has been granted and renewed under reference number 46970/APP/2017/2663 for the installation of three dormers and the conversion of the roof space to make a one bedroom flat with associated parking. There may be scope for a planning gain to make the flat a two bedroom unit, subject to obtaining any necessary consent that may be required. All flats have 125 year leases from 2011 and the property is sold with the benefit of the ground rental income and vacant possession of the loft space. The Crescent is a popular road close to Harlington Village and within close proximity of Heathrow London Airport, the M25 and M4 Motorways.
6 x Two Bedroom Flats and Roof Space, Communal Grounds and Parking
Freehold
London Borough of Hillingdon 01895 25011
Council Tax Band: All flats C
By appointment through the Auctioneers
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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