LOT 25 - London

36 Arundel Gardens, Notting Hill, London, W11 2LB

INVESTMENT/DEVELOPMENT - Freehold Unbroken Mid Terrace Building providing Twelve Self-Contained Flats

Sale Price

£4,999,000

Gross Initial Yield 1.4%Residential - 23rd June 2022
Key Features
  • Subject to a single FR&I Lease for a term of 20 years from 28th February 2006 (approximately 3.5 years remaining)
  • Currently configured to provide Two x 2 Bedroom Flats, One x 1 Bedroom Flat and Nine x Studio Flats
  • Total GIA approximately 426.15 sq m (4,587 sq ft)
  • Possible Potential for Reconfiguration after expiry of the current Lease, subject to consents
  • Three of the Flats in the present configuration benefit from either a Private Garden or Roof Terrace to the rear and Two Flats share a Balcony to the front. Additionally, there are Communal Gardens to the rear (See Additional Information paragraph)
  • The property has been held in the Same Ownership for more than 20 Years
  • Virtual Tour links are available below

Current Rent Reserved
£70,000 p.a.
(until February 2026 - See Tenancy Note)
Tenure

Freehold


Location
  • The property is situated on the north side of Arundel Gardens, to the east of its junction with Ladbroke Grove (B450)
  • An extensive range of shops and amenities is available along Notting Hill Gate and the famous Portobello Road and its market are within a short walk. A fine selection of restaurants, cafes and boutiques are also readily accessible along Westbourne Grove and Westfield London Shopping Centre is also within easy reach to the west
  • Ladbroke Grove (Circle and Hammersmith and City Lines) and Holland Park (Central line) stations are both within half a mile to the north and south respectively
  • The A40 (Westway) is to the north and provides access both towards The City and onto the A406 (North Circular) and both the M40 and M25 motorways
  • Holland Park, Kensington Gardens and Hyde Park are all within reach
Additional Information
  • Each of the occupiers of the building benefit from the use of the communal gardens to the rear, the cost of which it is understood is charged directly to each user by the Council and as part of the Council Tax demand
  • The property is located within the Ladbroke Conservation Area
Virtual Tours
  • Links to a Virtual Tour for each Flat and the Common Parts are below. Please copy the part starting 'https:' into a new tab in your browser to navigate to each tour:
  • Flat 1 - https://vt.ehouse.co.uk/sjLfdJ2Wp1a
  • Flat 2 - https://vt.ehouse.co.uk/LycWgA2xfCX
  • Flat 3 - https://vt.ehouse.co.uk/XAayXjLS9ZA
  • Flat 4 - https://vt.ehouse.co.uk/YDnt2LFx8kq
  • Flat 5 - https://vt.ehouse.co.uk/dgpXic8VNV7
  • Flat 6 - https://vt.ehouse.co.uk/vibRPKJGeH4
  • Flat 7 - https://vt.ehouse.co.uk/fczu9cnTQQH
  • Flat 8 - https://vt.ehouse.co.uk/7AJveyXkyVb
  • Flat 9 - https://vt.ehouse.co.uk/zSc7hs7tTgU
  • Flat 10 - https://vt.ehouse.co.uk/JSm4K3qPqp6
  • Flat 11 - https://vt.ehouse.co.uk/Uu7bgCF8UYY
  • Flat 12 - https://vt.ehouse.co.uk/Zxvo8PzhXdB
  • Common Parts - https://vt.ehouse.co.uk/wSh9FFXDZN8
  • Alternatively, please send an email to simon.hepworth@allsop.co.uk to request working links to each tour as well as individual floor plans for each flat
Tenancy Note
  • The property is subject to a Single FR&I Lease which is Outside the provisions of section 24-28 of the Landlord and Tenant Act 1954 (Part II)
  • The rent under the Lease was fixed at £70,000 p.a. after the first ten years of the lease. This was agreed in consideration of the obligation on the tenant to erect, what was at the time, a new fourth floor at the property
Planning
Local Authority: The Royal Borough of Kensington and Chelsea
Email: planning@rbkc.gov.uk 
Tel: 020 7361 3012
Website: https://www.rbkc.gov.uk/planning-and-building-control

The property offers possible potential for reconfiguration after expiry of the current lease, subject to obtaining all necessary consents
Virtual Tour
Click here to view
Viewings

A viewing has now been scheduled to take place on Monday 20th June. Please email simon.hepworth@allsop.co.uk and you will be allocated a slot.

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.
Contacts
My NoteslockPrivate
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Important notice - Pre-registration approval to bid, guide prices, reserves, additional charges and other matters

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