Property photos
Leasehold
£1,150,000
Block of flats for sale
Golders Green Road, London NW11Local area information
Property location
Nearby amenities
- Golders Hill School 0.2 miles
- Golders Green 0.2 miles
- Rimon Jewish Primary School 0.3 miles
- Brent Cross 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Brent and Hampstead Garden Suburb to find out more about the local area.
Features and description
- Leasehold
- Asset Management Opportunity
- Potential for HMO / Serviced Accomodation - suject to necessary consents
Rare opportunity to acquire this ready-made investment comprising 5 self contained flats in the heart of Golders Green. Situated above shops on Golders Green Road, on one long leasehold title (999 years), the property comprises 4 x 1-bed and 1 x studio flat. The flats are accessed either from Golders Green Road at the front or from Accommodation Road to the rear.
Golders Green is a sought-after and affluent suburb situated approximately 5 miles north-west of Central London which is well served by Golders Green Underground Station (Northern Line).Situated at the North end of Golders Green Road, the flats are a just a few minutes walk to Golders Green Station.
The flats were created in 2009 with full planning permission and building regulations. The accommodation comprises:
• 5 Self Contained Flats (3 x 1-bed, 1 x 1-bed duplex, 1 x studio)
• 990 year lease held on one title
• Current Income £66,600 per annum
• Potential to increase rents and/or convert to HMO or Serviced Accommodation, subject to necessary consents
• £1,150,000 STC
There is scope to improve the flats and increase the rents. Some of the tenancies have been in place for quite a number of years without having had any increases on the rent. In addition, there may be scope to alter the use of the building to HMO or serviced accommodation, subject to the necessary consents.
Floor plans:
These are available upon request.
Price
£1,150,000 subject to contract.
Tenure
Leasehold – 990 years remaining
ground rent:
Peppercorn
service charges:
Tba but we understand these to be minimal, namely the buildings insurance and cleaning of the corridors.
VAT
The building has not been elected for VAT
legal costs:
Each party to bear their own legal costs.
Viewings:
Viewings can be arranged via Sole Agents GLPC
Golders Green is a sought-after and affluent suburb situated approximately 5 miles north-west of Central London which is well served by Golders Green Underground Station (Northern Line).Situated at the North end of Golders Green Road, the flats are a just a few minutes walk to Golders Green Station.
The flats were created in 2009 with full planning permission and building regulations. The accommodation comprises:
• 5 Self Contained Flats (3 x 1-bed, 1 x 1-bed duplex, 1 x studio)
• 990 year lease held on one title
• Current Income £66,600 per annum
• Potential to increase rents and/or convert to HMO or Serviced Accommodation, subject to necessary consents
• £1,150,000 STC
There is scope to improve the flats and increase the rents. Some of the tenancies have been in place for quite a number of years without having had any increases on the rent. In addition, there may be scope to alter the use of the building to HMO or serviced accommodation, subject to the necessary consents.
Floor plans:
These are available upon request.
Price
£1,150,000 subject to contract.
Tenure
Leasehold – 990 years remaining
ground rent:
Peppercorn
service charges:
Tba but we understand these to be minimal, namely the buildings insurance and cleaning of the corridors.
VAT
The building has not been elected for VAT
legal costs:
Each party to bear their own legal costs.
Viewings:
Viewings can be arranged via Sole Agents GLPC
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Gabriella Property Consultants
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Property descriptions and related information displayed on this page are marketing materials provided by - Gabriella Property Consultants. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Gabriella Property Consultants for full details and further information.