Block of flats for sale in Woodlands Road, Isleworth TW7

Bedfont Lodge is a residential freehold located on a quiet street close to Isleworth station. The freehold contains 9 apartments and 6 garages, with 6 apartments and all the garages sold off on a long lease. The three apartments still owned by the freehold are being sold with the benefit of tenants in situ. For sale is the spv that owns the freehold.

Sale of Boochfu Developments Ltd. Company number 03566214.

Boochfu Developments Ltd owns Bedfont Lodge, 57 Woodlands Road, TW7 6JT.

Flats 1-6 (inclusive), plus the garages, are sold off an a long lease. The freehold still owns apartment numbers 7,8 and 9.

Flat 7 - 646 square feet - 2 bedroom apartment - £1550 per month passing rent

Flat 8 - 524 square feet - 1 bedroom apartment - £1150 per month passing rent

Flat 9 - 652 square feet - 2 bedroom apartment - £1400 per month passing rent

Ground Rent - £550 per annum

The total passing rent is £49,750 pa which represents a gross 5.53% yield off the guide price, and the erv is £57,000 pa which represents a gross 6.3% yield off the guide price. It is estimated that the three properties, if sold with vacant posession on the open market, would achieve £1,050,000

Woodlands Road is a quiet street in Isleworth, TW7. The area has strong transport links with Isleworth station offering direct trains into central London, and the M4 access to central London, Heathrow and the West of England via road. The area is popular with both young families and professions owing to it's transport links, wealth of local amenities, access into central London and local employers including gsk and sky.

For sale is the shares of Boochfu Developments Ltd, which owns the freehold interest to Bedfont Lodge. By acquiring the company interest there is no stamp duty payable by the purchaser on acquisition of the company.