A Well Located Detached Building Arranged to Provide Eight Flats (1 x Two Bedroom, 1 x One Bedroom, 1 x Studio and 5 x Letting Rooms) Part Let Producing £46,188 Per Annum. Offered with Planning Permission for a Side Extension and a Single Storey Rear Extension to then Provide a Two Bedroom House and Seven Flats (1 x Three Bedrooms, 1 x Two Bedrooms, 1 x One Bedrooms and 4 x Letting Rooms).

The property comprises a detached building arranged internally to provide eight flats arranged over lower ground, ground and two upper floors.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Kilburn Grange Park are within easy reach. Transport links are provided by Swiss Cottage underground station (Jubilee line) and West Hampstead rail station.

Accommodation

Ground Floor One Bedroom Flat Two Letting Rooms Communal Shower Room First Floor Three Letting Rooms Communal Bathroom Second Floor Two Bedroom Flat Total GIA Approximately 457 Sq M / 4,924 Sq Ft

Exterior

The property benefits from a rear garden and off street parking.

Planning

Camden Borough Council granted the following planning permission (ref: 2023/3909/P) on 2nd October 2024: 'Excavation of basement extension with front and rear lightwells; erection of single storey plus basement side extension and single storey rear extension; new side and rear dormers; and internal reconfiguration to convert from 1 x 1 bed flat, 1 x studio, 5 x bedsits and 1 x 2 bedroom flat, to provide 1 x 1 bed flat, 1 x 2 bed flat, 1 x 3 bed flat, 1 x 2 bed house and 4 bedsits; erection of new bin stores and long-stay and visitor cycle facilities'.

Proposed Accommodation

The house will be arranged as: Lower Ground Floor Two Bedrooms Bathroom Ground Floor Reception Room Kitchen WC The remainder of the building will be arranged as: Lower Ground Floor Three Bedroom Split-Level Flat Ground Floor Three Bedroom Split-Level Flat One Bedroom Flat First Floor Four Letting Rooms Second Floor Two Bedroom Flat

Proposed Accommodation Exterior

The building will benefit from a large rear garden and the house will benefit from a private rear garden. Both will benefit from off-street parking.

Tenancy

Four of the flats are subject to individual tenancies at a combined rent of £3,849 per calendar month. Two of them are regulated tenancies.

EPC Ratings

Flat 1: C Flat 2: E Flat 3: D Flat 4: C Flat 5: C Flat 6: C Flat 7: C Flat 8: D

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.