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House For Sale £900,000
Shoot Up Hill, London NW2


Description
Strapline

Auction Sale - 15/12/2021

An attractive detached residential block arranged as 18 flats and 18 garages each sold on a lease with planning approval for two additional storeys to form 6 x two bedroom flats totalling approximately 4,452 sq ft in poplar and convenient residential area near shops and stations - Development/Ground Rent Investment let at £310 per annum.

Description

An attractive six storey detached block with brick elevations.

Forms part of a larger rectangular site with direct in and out access from Shoot-Up Hill.

Rear west facing communal garden.

Two rear garage blocks comprising 18 garages.

Location

Situated on the west side of Shoot-Up Hill (A5) in a poplar residential area opposite the junction of Kingscroft Road.

The shopping amenities of Cricklewood, Kilburn and Brent Cross are conveniently nearby.

The leisure areas of Maygrove Park, Kilburn Grange Park and Queens Park are within easy reach.

The A5 provides good road links to the West End and northwards to the North Circular Road (A406) and M1.

Transport

Underground - Kilburn (Jubilee Line)

Overground - Brondesbury (Overground)

National Rail - West Hampstead

Tenancy

Flats/Garages 1 & 2,4 -12 and 14 - 19 are each sold on a lease for a term of 149 years 11 months and 20 days from 29th September 1955 at ground rents of £15 or £20 per annum.

Unexpired terms of approximately 84 years

Flat/Garage 3 is sold on a lease for a term of 239 years 11 months and 21 days from 29th September 1955 at a ground rent of a peppercorn.

Accommodation

Ground and Five Upper Floors - 18 Flats

Two Rear Garage Blocks - 18 Garages

Total site area approximately 0.55 acres

Planning

Prior Approval (Application No: 20/2732) was approved by the London Borough of Brent on 29th October 2020 for erection of two additional storeys to accommodate 6 residential units to detached residential block.

A Community Infrastructure Levy (cil) of £167,540.03 to the London Borough of Brent is liable on commencement of the development.

The proposed development would provide 6 x two bedroom flats totalling approximately 4,452 sq ft, with two flats each of approximately 796 sq ft, two flats each of approximately 763 sq ft and two flats each of approximately 667 sq ft.

Follow the link for more information:
        
zoopla.co.uk

  
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