FOR SALE- GROUND RENT INVESTMENT
- FREEHOLD GROUND RENT INVESTMENT
- ADDITIONAL RENTAL INCOME £15,600 PA
This well maintained rarely available investment
comprises a one bedroom split level apartment
which is currently let on an AST until August
2022. The remainder of the property is split into
four additional apartments set over ground, first
and second floors that are generating ground
EPC Rating: Flat 1 Energy Rating: E (39); Flat 2 Energy Rating: D (62); Flat 3 Energy Rating: D (56); Flat 4 Energy Rating: C (77); Ground Floor Flat Energy Rating: D (61).
The property is located on the corner of
Queens Road and Sherland Road in
Twickenham town centre, which provides a
wide range of retail shops, restaurants, coffee
shops and bars. The property is also situated in
close proximity to the Holly Road Car Park.
Twickenham Railway station provides regular
services to London Waterloo and the A316
Chertsey Road provides access to Central London and the M3/M25.
The property has the following approximate
gross internal floor area:
Flat 1 - 64 sq.m (688 sq. ft)
Flat 2 - 45 sq.m (484 sq. ft)
Flat 3 - 54 sq.m (581 sq. ft)
Flat 4 - 48 sq.m (519 sq. ft)
Ground Floor Flat - 131 sq.m (1,410 sq.ft).
Subject to 3 x 125 year leases of the residential
upper parts from 24/06/1985 with ground rents
of £250 per annum per flat. In addition there is a 1 x 125 year lease of the
ground floor flat from 2019 with ground rent of £125 per annum.
Ground Rent Income: £825 per annum
Rental Income (Flat 4): £15,600 per annum