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SUBSTANTIAL RESIDENTIAL BUILDING – HMO INVESTMENT – FREEHOLD FOR SALE

For Sale
52 Fortune Green Road, London NW6 1UJ
PRICE £1,700,000 Subject to Contract

LOCATION:

The property is located on the north side of Fortune Green Road, closes to the junctions of Burrard Road, Lyncroft Gardens and Finchley Road. The property is situated within close proximity to the main shopping area of West End Lane which has many multiple and local retailers, together with numerous bars and restaurants. Transport facilities are good with West Hempstead Underground & British Rail Stations being close by. Numerous bus routes also serve the area.

DESCRIPTION:

The property comprises a former substantial house arrange on ground, first and second floors converted into 7 self contained flats arranged as follows and all currently let on assured shorthold tenancy agreements.

 

ACCOMMODATION:

Flat A Ground Floor                             1 Bedroom, Shower, Toilet, Lounge with Open Plan Kitchen      £16,800 per annum

Flat B Ground Floor                             2 Bedrooms, Lounge, Open Plan Kitchen, Shower & Toilet        £21,600 per annum

Flat C First Floor Rear                         Studio Flat, Shower & Toilet                                                              £12,000 per annum

Flat D First Floor Middle                    Studio Flat, Shower & Toilet                                                              £13,420 per annum

Flat E First Floor Front                       1 Bedroom, Lounge, Open Plan Kitchen, Shower & Toilet          £15,900 per annum

Flat F Second Floor                              Studio Flat, Shower & Toilet                                                              £13,554 per annum

Flat G Second Floor                             Studio Flat, Shower & Toilet                                                              £113,420  per annum

 TOTAL CURRENT INCOME: £106,694 per annum

HMO LICENCE:

The London Borough Of Camden, granted an HMO licence on the building from 24th January 2018, expiring on 24th December 2020.

TENURE:

Freehold

PRICE:

1,700,000 Subject to Contract with the benefit of the tenancies and income.

IDENTIFICATION:

Under the Money Laundering Regulations Act 2004, we are obliged to verify the identity of proposed tenants prior to instructing solicitors in order to assist in preventing fraud and money laundering. This information is required by Law.

VIEWING:

Strictly by appointment through owners SOLE Agents as above.

 

 

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: March 2018.
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Address

52 Fortune Green Road, London NW6 1UJ
United Kingdom
London
West Hampstead
NW6 1UJ

Additional Details

PRICE £1,700,000 Subject to Contract
1,963
182
Freehold/Long Leasehold

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Contact Team Member

Paul Stone <i>FICBA FNAEA</i>

Paul Stone FICBA FNAEA









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