Back to current instructions
- A opportunity to purchase two apartments at a significant discount to their breakup value.
- Located on Stratford Villas, Camden Road Overground Station is a short 7 minute walk away.
- The apartments are held under a single lease for a term of 125 years from 2016, thus having approximately 118 years unexpired.
- - 40a is arranged as one bedroom apartment over the raised ground floor measuring approximately 502 sq ft, with access to a private balcony.
- - 40b is arranged as a two bedroom apartment over the lower ground floor measuring approximately 685 sq ft with access to a private rear garden.
- Under the terms of the lease, the lessee is entitled to grant two separate underleases in order to create a separate title and lease for each apartment.
- We have been advised that the breakup value of the apartments is in the region of £1,300,000.
- We have been advised that the estimated rental value of the apartments is in the region of £58,800 per annum.
- Vacant possession.
- Guide Price £1,000,000 (One Million Pounds) subject to contract.
