Guide price
£80,000
(£80,000.00/sq. ft)
Land for saleGrove Road, Brentford TW8
1 sq. ft
About this property
Freehold For Sale
Lease and ground rent investment
Comprising 1 long and 3 short leaseholds
Excellent potential income
A freehold investment comprising one long and three short leases in a popular residential area in Brentford.
The Section 5 notice of The Landlord and Tenant Act 1987 has not been served at this time and therefore the existing leaseholders do have the right of first refusal.
The property comprises 4 flats which are 2 x two bed ground and lower ground floor flats, 1 x one bedroom first floor flat and 1 x two bedroom first and second floor flat.
Flat 1 has a 99 year lease from 25th December 1985.
Flat 2 has a 99 year lease from 25th December 1985.
Flat 3 has a lease of approximately 150 years remaining.
Flat 4 has a 99 year lease from 25th December 1985.
The ground rents for Flats 1,2 and 4 are understood to be £95 per annum until 2051 and £115 per annum for the final 33 years. Flat 3 pays a peppercorn ground rent.
Location
Grove Road is positioned to give easy access to both Boston Manor Park and Gunnersbury Park as well as both Boston Manor and Northfields Underground stations (Piccadilly Line).
The Section 5 notice of The Landlord and Tenant Act 1987 has not been served at this time and therefore the existing leaseholders do have the right of first refusal.
The property comprises 4 flats which are 2 x two bed ground and lower ground floor flats, 1 x one bedroom first floor flat and 1 x two bedroom first and second floor flat.
Flat 1 has a 99 year lease from 25th December 1985.
Flat 2 has a 99 year lease from 25th December 1985.
Flat 3 has a lease of approximately 150 years remaining.
Flat 4 has a 99 year lease from 25th December 1985.
The ground rents for Flats 1,2 and 4 are understood to be £95 per annum until 2051 and £115 per annum for the final 33 years. Flat 3 pays a peppercorn ground rent.
Location
Grove Road is positioned to give easy access to both Boston Manor Park and Gunnersbury Park as well as both Boston Manor and Northfields Underground stations (Piccadilly Line).
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Monthly repayment
£400 per month
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