Our Summary

• A substantial freehold residential investment opportunity located in the heart of Edgware, comprising six self-contained flats, all currently let and producing a strong rental income
• 44 acres, the site also offers significant development potential at the rear (subject to necessary planning consents), making it ideal for investors or developers seeking a value-add opportunity
• £126,000 per annum• Development Potential: Rear land offers potential for further development (STPP)• Total NIA: 4465 sq ftAccommodation Schedule:Flat Floor Beds / Type Approx
• Size (sq ft)Flat 1 Basement 3 Bed 904 sq ftFlat 2 Ground Floor 2 Bed 667 sq ftFlat 3 Ground Floor 2 Bed 656 sq ftFlat 4 First Floor 2 Bed 667 sq ftFlat 5 First Floor Studio 409 sq ftFlat 6 Second / Loft 3 Bed 1,162 sq ftDevelopment Potential• The site was previously granted planning consent under Ref: 17/1065/ful for demolition and erection of a new two-storey building with basement and loft rooms to create six flats
• • The rear section of the site offers scope for further development, subject to obtaining planning permission from the local authority
• Possible further development potential