House For Sale £50,000
Strapline
Auction Sale - 15/12/2021
Of interest to Investors and Developers. A ground rent Investment with Development potential (subject to the requisite consents).
Investment let at £750 per annum and rising.
Description
A semi detached attractive building comprising of a basement and three upper stories containing 4 flats (sold off on long lease).
The property benefits from off street car parking located to the left and right of the central entrance to the main building.
There is potential for development on the parking at the front of the property or to add an additional floor to the property (subject to the requisite consents and any other restrictions)
Location
Situated off Torriano Avenue in a popular residential area, close to Kentish Town Road and local shopping/travelling facilities including Kentish Town Station approx. 0.3 miles from the property.
Transport
Underground - Kentish Town Station (Northern Line)
National Rail - Kentish Town
Tenancy
Basement Flat - 125 years from 25.12.03 - Ground Rent £250 P.A.. And rising
Ground Floor Flat - 182 years from 24.06.10 - Ground Rent a Peppercorn
First Floor Flat - 125 years from 24.06.04 - Ground Rent £250 P.A.. And rising
Second Floor - 124 years from 25.03.05 - Ground Rent £250 P.A.. And rising
Off Street parking - Vacant
Accommodation
Basement, Ground, 1st and 2nd Floor building comprising of 4 flats sold off on Long lease.
Auction Sale - 15/12/2021
Of interest to Investors and Developers. A ground rent Investment with Development potential (subject to the requisite consents).
Investment let at £750 per annum and rising.
Description
A semi detached attractive building comprising of a basement and three upper stories containing 4 flats (sold off on long lease).
The property benefits from off street car parking located to the left and right of the central entrance to the main building.
There is potential for development on the parking at the front of the property or to add an additional floor to the property (subject to the requisite consents and any other restrictions)
Location
Situated off Torriano Avenue in a popular residential area, close to Kentish Town Road and local shopping/travelling facilities including Kentish Town Station approx. 0.3 miles from the property.
Transport
Underground - Kentish Town Station (Northern Line)
National Rail - Kentish Town
Tenancy
Basement Flat - 125 years from 25.12.03 - Ground Rent £250 P.A.. And rising
Ground Floor Flat - 182 years from 24.06.10 - Ground Rent a Peppercorn
First Floor Flat - 125 years from 24.06.04 - Ground Rent £250 P.A.. And rising
Second Floor - 124 years from 25.03.05 - Ground Rent £250 P.A.. And rising
Off Street parking - Vacant
Accommodation
Basement, Ground, 1st and 2nd Floor building comprising of 4 flats sold off on Long lease.
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