Woodlands Road, London, TW7
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
5
- SIZE
1,822 sq ft
169 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Investment opportunity
- Residential freehold
- For sale is the SPV that owns the freehold
- The total passing rent is £49,750
- The ERV is £57,000 pa
- Gross 6.3% yield
- Close to Isleworth station
Description
Sale of Boochfu Developments Ltd. Company number 03566214.
Boochfu Developments Ltd owns Bedfont Lodge, 57 Woodlands Road, TW7 6JT.
Flats 1-6 (inclusive), plus the garages, are sold off an a long lease. The freehold still owns apartment numbers 7, 8 and 9.
Flat 7 - 646 square feet - 2 bedroom apartment - £1550 per month passing rent
Flat 8 - 524 square feet - 1 bedroom apartment - £1150 per month passing rent
Flat 9 - 652 square feet - 2 bedroom apartment - £1400 per month passing rent
Ground Rent - £550 per annum
The total passing rent is £49,750 pa which represents a gross 5.53% yield off the guide price, and the ERV is £57,000 pa which represents a gross 6.3% yield off the guide price. It is estimated that the three properties, if sold with vacant posession on the open market, would achieve £1,050,000
Woodlands Road is a quiet street in Isleworth, TW7. The area has strong transport links with Isleworth station offering direct trains into central London, and the M4 access to central London, Heathrow and the West of England via road. The area is popular with both young families and professions owing to it's transport links, wealth of local amenities, access into central London and local employers including GSK and SKY.
For sale is the shares of Boochfu Developments Ltd, which owns the freehold interest to Bedfont Lodge. By acquiring the company interest there is no stamp duty payable by the purchaser on acquisition of the company.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Woodlands Road, London, TW7
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Isleworth Station0.3 miles
- Hounslow East Station0.7 miles
- Osterley Station0.9 miles
About the agent
Dexters Development & Investment, Dexters Investments
Dexters Mayfair, 66 Grosvenor Street, London, W1K 3JL
London covered
Our dedicated team of specialists have a well-established track record of achieving clients more than the market value for land, development and investment projects across the capital. Members of RICS, our qualified chartered surveyors uphold their reputation for integrity and professionalism.
Based in one of the Dexters ‘Centres of Excellence, our experts focus solely on development services for clients including Croudace Homes, Barratt Homes, Berkeley Grou
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Visit our security centre to find out moreDisclaimer - Property reference BedfontLodge1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dexters Development & Investment, Dexters Investments. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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