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Offers in excess of
£695,000

Residential development for sale

Twickenham, London, TW1
Residential development
7938
Added today

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Mixed-use building
  • Freehold with airspace
  • Income producing £21,250pa
  • Prior approval for 3 new flats (2x 2 B and 1x 1 B)
  • Gdv £1,140,000
Location

Twickenham is a suburban district in London. It is situated on the River Thames 9.9
miles southwest of Charing Cross. It is part of the London Borough of Richmond upon
Thames since 1965, and the borough council's administrative headquarters are
located in the area.


Description

Canham House, Twickenham offers a rare and compelling mixed-use residential
investment and development opportunity, prominently positioned on one of
Twickenham’s established and well-connected thoroughfares and benefiting from
strong underlying residential demand.
The property includes valuable airspace rights with planning consent to deliver three
additional residential units (comprising two two-bedroom apartments and one onebedroom apartment), providing a clearly defined and immediately actionable valueadd opportunity in this highly sought-after South West London location.
The residential accommodation comprises 14 one-bedroom apartments, of which 13
have already been sold, leaving one retained one-bedroom apartment currently let
and generating a secure income of £18,000 per annum.
The freehold sale also includes four on-site parking bays together with ground rent
income of £3,250 per annum, enhancing both income security and future saleability.
The ground-floor commercial investment is excluded from the sale.


Planning

L B Richmond have provided prior approval permitted development rights under Part
20 of the GPDO. The reference for this application is 24/0555/GPH03. Further details
are available on request or via .

Tenure

Freehold subject to existing leases. Buyers are advised that Section 5 notices have been
served and a sale below £695,000 cannot occur.


User
Class
C3 of the Town & Country Planning (Use Class) (Amendment) Order 2005.


EPC

Copies of the EPC's can be made available upon request.


Terms

Offers are invited in excess of £695,000 for our client’s Freehold interest.


VAT

The property has not been elected for VAT purposes.


Legal

Each party to bear its own legal costs.


AML

In accordance with Anti-Money Laundering Regulations, we shall require additional
information from the purchaser/tenants so that an online verification can be undertaken.

Property information from this agent

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Area statistics

Crime score
High crime
8/10

About this agent

Willmotts  - Commercial
Willmotts - Commercial
Willmott House, 12 Blacks Road Hammersmith W6 9EU
020 8033 7482
Full profileProperty listings
At Willmotts we pride ourselves in providing a first class service from start to finish. We have proven over 150 years of being an independent estate agent in West London that honesty and integrity is the key to success. That is why most of our business comes from in house clients and referrals. We are a member of the Guild of Professional Estate Agents, with over 750 offices nationwide and are the No.1 Independent Estate Agency Network so can give your property a huge amount of exposure. We are always looking to help and to go above and beyond to make sure our clients and customer get the service they deserve. We hope that by choosing Willmotts you will have chosen a property company that you want to deal with for the rest of your life. With very experienced and driven staff members, bespoke software, professional photographers, powerful marketing tools, high quality print advertising, subscriptions to all the major portals so we can show your property in the best light. We pride ourselves on being The Complete Property Service and will be able to help with whatever property needs you have. For a friendly chat about how Willmotts can help you or just to find about the market in your area please do not hesitate to contact us.
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