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17 Heath Rd Apartment Building $4,252,794 CAD 6.30% Cap Rate Twickenham TW1 4AW
Investment Highlights
- Great transport links
- Great local amenities
- Prominent frontage
Executive Summary
A mixed-use building arranged over ground and two upper floors. The property comprises 14 x one-bedroom apartments, of which 13 have been sold. A further one bedroom flat is retained by the freeholder, currently let on an AST and producing £18, 000 per annum. The airspace benefits from consent to develop three new flats (2 x two bedroom and 1 x one-bedroom), each with private terraces and parking. The ground-floor retail unit is let on a 15-year lease with no breaks and is fitted out as a high-end convenience store. This unit also benefits from the use of part of the rear car park for deliveries and parking.
Property Facts
| Price | $4,252,794 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.30% | Lot Size | 0.17 AC |
| Sale Condition | Redevelopment Project | Building Size | 12,937 SF |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment |
| Price | $4,252,794 CAD |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| Sale Condition | Redevelopment Project |
| Tenure | Freehold |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 12,937 SF |
| No. Stories | 3 |
| Year Built | 1975 |
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Contacts
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Huseyin Zafer -
Emily Bradshaw -
Varol Zafer -
Shahid Sadiq -
Willmotts Chartered Surveyors
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17 Heath Rd
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