Block of flats for sale in Pennard Road, Shepherds Bush W12

Offers over £5,000,000 (£735.29/sq. ft)
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Block of flats for sale

6,800 sq. ft*

Property features

  • An unrivalled residential investment/development opportunity in West London
  • Edwardian Mansion Block with five flats
  • Potential to increase rental values by cosmetic modernisation
  • Approx. Rental value: £12,300 per month (£147,600 pa)
  • Excellent Location

Property description

Edwardian Mansion Block over 4 floors containing 5 residential flats, gia circa 6,800 sq ft. 4 flats let on AST's, 5th flat Rent Act protected to a single tenant. Potential to increase rental values by cosmetic modernisation. Current rent roll circa £12,300 per month (£147,600 pa). Added value potential by creating an additional floor at roof level, extending the ground floor accommodation at the rear. Installation of passenger lift which would enhance overall values (all subject to planning) and possible negotiations with the statutory tenant.

Pennard Road is conveniently located just off Uxbridge Road, within easy access of Westfield shopping centre and Holland Park and approximately 1 mile south of the A40 dual carriageway, one of the principal routes in and out of London. The area offers excellent transport and bus routes running through Shepherds Bush Green providing services to many areas of Central and West London.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Best Gapp, SW1W on +44 20 8115 5146 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Best Gapp, and do not constitute property particulars. Please contact Best Gapp 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.

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