Sold

Earlsfield, London – Residential investment and development opportunity

Coleman Court, Kimber Road, Earlsfield, London, SW18 4NZ

Offers in excess of £12,500,000

Property Types:
Development Opportunity, Residential
Tenure:
Freehold

Description

  • Freehold 1930s Art Deco Estate comprising:
    • 148 one bedroom flats (106 sold off on long leases and 42 unsold)
    • Two bed bungalow
    • 21 garages
    • 13 car parking spaces
  • 41 of the unsold flats and bungalow let subject to ASTs, with one flat currently vacant
  • Benefits from planning permission for further rooftop / bungalow redevelopment to create an additional 23 flats
  • Estimated Rental Value (including Ground Rent Income): £646,310 per annum

Unconditional offers in excess of £12,500,000 are invited for the Freehold interest subject to the existing residential leases and tenancies, subject to contract and subject to serving Section 5A Notices

Subject to contract