Studio flat for sale

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 a passenger lift which would instantly 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 A40 dual carriageway, one of the principal routes in and out of London. The area offers excellent transport and bus routes providing services to many areas of Central and West London.