Summary[1]
| Location: | Location::119/121 Warwick Road, London, Kensington and Chelsea, SW5 9EF |
| Asking price: | Asking price::£9,500,000 |
| Property type: | Property type::Block of Apartments |
| Bedrooms: | Bedrooms::24 |
| Size: | Size::NA |
| Tenure: | Tenure::Freehold |
Key features[1]
- LARGE FREEHOLD RESIDENTIAL INVESTMENT COMPRISING TWENTY FOUR FLATS LET TO AN OPERATOR AT £420,000 P.A.
Property description[1]
- For sale by public auction on 13th September at 12:00 **
Location & Description A large pair of adjoining period properties comprising a total of 24 self-contained flats on the south-west side of Warwick Road close to the intersection with West Cromwell Road (A4) in a conservation area. The A4 leads to central London to the east and the M4 to the west with a Tesco Superstore opposite and with Earl's Court underground (District line) station a short walk away. Accommodation 24 self-contained flats over 6 main floors - 6 accessed from the courtyard 2x2 bedroom 8x1 bedroom 14x studios Only partially inspected but each flat had a fitted kitchen area and a shower/toilet Schedule of areas as supplied by the Seller: Combined flat areas (GIA): 654 sq m (7,037 sq ft) As built (GIA): 738 sq m (7,940 sq ft) Tenancy Details Let on a lease to 19 Warwick Ltd with guarantor for 5 years from 01.03.2022 at a rent of £420,000 p.a. with fixed increases in year 3 to £428,400 p.a., year 4 to £436,968 p.a. and year 5 to £445,707 p.a. Please see the lease for the exact demise Note 1. Auction Surveyor: Ian Mann Contact: ian. 2. For viewings please contact Ian Mann 3. A legal pack is available on request. 4. Please see on-line register for EPCs EQUIVALENT TO £420,000 P.A. WITH FIXED INCREASES UP TO £445,707 P.A. IN YEAR 5
Floor plan[1]
NA
Actions
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