LOT 35 - London

14 Howley Place, Little Venice, London, W2 1XA

INVESTMENT - Freehold Semi Detached (HMO) Building Arranged as 15 Letting Rooms

Guide Price*

£2.25M - £2.5M

Gross Initial Yield 3.56%Residential - 24th June 2021
Key Features
  • In Same Ownership For Approximately 27 Years
  • Nine Rooms subject to Assured Shorthold Tenancies, One Room subject to a Regulated Tenancy and Five Rooms Vacant
  • Registered HMO
  • GIA approximately 285 sq m (3,068 sq ft)
  • Possible Future Redevelopment Potential, subject to consents
  • Close to Paddington Rail and Underground Station and Close to Hyde Park and Marble Arch
  • 8 Weeks completion available

Total Current Rent Reserved
£79,992 (equivalent)
with Five Rooms Vacant
Tenure

Freehold


Location
  • The property is situated on the north side of Howley Place, close to its junction with Warwick Avenue
  • Extensive shops and restaurants are available in Maida Vale, nearby St Johns Wood and Paddington. The extensive facilities of the West End are also within reach
  • Paddington rail and underground station is located approximately 0.6 miles to the south east and provides trains to Heathrow, Reading and the west of England
  • Warwick Avenue underground station (Bakerloo Line) is located a short distance away
  • The A40 (Westway) together with The A5 (Edgware Road) are close by
  • The open spaces of Rembrandt Gardens (Little Venice), together with Hyde Park are accessible
Planning
Local Authority: Westminster City Council
Website: www.westminster.gov.uk
tell:0207 641 6000

The property may afford possible future redevelopment potential, subject to all necessary consents being obtained
Virtual Tour
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Viewings

Due to Government Guidelines we will try to accommodate all viewing requests, but in the first instance prospective purchasers are advised to view the virtual tours and the many internal images provided on the Allsop website before requesting a viewing. Viewers will be required to attend the viewing promptly and ensure gloves and a face covering are worn. We apologise in advance if we are unable to accommodate everyone. Please observe social distancing while you are at the property. If you are showing any Coronavirus symptoms then you will not be allowed to view the property. To request a viewing please email Jemima.mitchell@allsop.co.uk

Additional Charges
  • Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.
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