Block of flats for sale in Oak Grove, London NW2
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Investment let at £80,310
- P.a.
- 5 self contained flats (4 x two beds and 1 x one bed)
- Future asset management potential to increase the rent on a number of flats
- Breakup potential to modernise and sell off the flats individually on a long leasehold basis
- Outstanding enforcement notice to reduce the 1 bedroom flat to a studio (Flat 3)
- An approx. 0.2 miles to Cricklewood Station
- 6 week completion available
- VAT free investment
Property description
Strapline
Auction Sale - 24/01/2024
Of interest to investors and developers
A mid terrace property comprising of 5 self contained flats consisting of 4 x two beds and 1 x one bed
Investment let at £80,310 p.a.
Description
A mid terrace property comprising of 5 self contained flats consisting of 4 x two beds and 1 x one bed. There is enforcement notice on Flat 3 which will need to be actioned by the incoming purchaser. This will involve the removal of a small timber extension over a flat roof at first floor level in the 1 bedroom flat which will convert this dwelling into a studio.
There is an existing cleud in place for 4 x two bedroom flats and 1 x studio flat.
Location
The property is located on the East side of Oak Grove Road and close to the junction of Ash Grove Junction.
Cricklewood station is located an approx. 0.2 miles from the property
Transport
Cricklewood Station - National Railway services
Tenancy
Please refer to Accommodation and Tenancy schedule
Accommodation
Please refer to Accommodation and Tenancy schedule
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
.png){kind=logo}