Property For Sale England, London,UK
For sale by real estate agent - England, London
Property for sale
Group of 7 Flats in Greater London
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Group of 7 Flats in Greater LondonProperty overviewMixed use freehold property in Zone 1, prime London, near to transport hubs and several local amenities.Purchase price (unconditional): £6,615,000 (negotiable for cash buyers)Rental roll: £166,000 pa (residential) plus £85,000 (commercial)Tenure: FreeholdSourcing fee applicableimmediate for buy to hold strategy: annual rental income of £252,000 from commercial and residential rentals, immediate capital growth with discounted purchase price.Longer-term and exit strategy: modernise, planning uplift for increase internal area (single or double storey upward extension, additional office space with change of class for part of commercial space used at present by bakery and factory.About the area:The property is located on Chalton Street, in London NW 1Greater London is a region of England which forms the administrative boundaries of London.it is organised into 33 districts: the 32 London boroughs and the City of London.London has many sights to see which are known worldwide such as Big Ben, The River Thames, The London Eye and stadiums with over 80,000 capacity such as Wembley and Twickenham. There is also The Royal Albert Hall which hosts concerts and musical events along with museums and art galleries such as The British Museum and the National Gallery.