LOCATION:

The Building is situated on the South West side of Cornwall Road which runs between St Ann’s Road and West Green Road, close to the Junction of Falmer Road. The Property overlooks Chestnut Park and Tennis Courts. Transport facilities with Seven Sisters Underground Station (Victoria Line) being close by. Numerous Bus routes also serve the area.

DESCRIPTION:

Comprises a block of 24 self- contained flats constructed in 2010. Arranged on ground, first and second floors split up to provide the following:

• 17x 2 Bed Flats
• 6x 1 Bed Flats
• 1x Studio Flat
  TOTAL: 24 FLATS

AREAS (all measurements are approximate):

Ground Floor :             3,700 Sq Ft    (343.73 Sq M)
First Floor:                     4,373 Sq Ft    (406.24 Sq M)
Second Floor:              4,373 Sq Ft    (406.24 Sq M)

TOTAL:                               12,446 Sq Ft    (1,156.25 Sq M)

PRICE:

£6,500,000
(Six Million Five Hundred Thousand Pounds)

YIELD:

GIY 6.77%

EPC RATING:

All the flats have their own individual EPCs.

TENANCIES:

The flats are let on AST Agreements with a total current income of £457,500 per annum (Copy of the Tenancy Schedule attached).

TENURE FREEHOLD:

Land Registry Title No: NGL 297269

VIEWING:

Strictly by appointment through owners Sole Agents
Christo & Co

CONTACT:

Paul Stone (0207 482 1203 / 07973 845 462 / [email protected] )

SUBJECT TO CONTRACT

NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT

Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: August 2023.