Friday, January 22, 2010
London Property Investment; Property with 9 Self Contained Apartments for Sale
HMO Property for Sale, London NW3
£ 1,850,000 Freehold
Belsize Square is situated at the heart of one of London's most popular residential areas. We have been instructed to offer for sale the first to third floors of this attractive freehold period house containing 9 self contained studio apartments.
We have been advised by the vendors solicitors that the flats could be broken up on an individual unit basis and mortgaged separately due to its planning history. Please also note that at least one of the flats will make a small 1 bedroom apartment and that all flats can be significantly improved in terms of their condition and therefore the ERV which we anticipate will be towards £125,000. Please also note that the sale includes from first to third floors only as the ground and lower ground floors have been sold off on a long leases with the benefit of service charge and ground rent income.
Belsize Square London Property Investment