For SaleHouse in Montford House, 25 Queens Road, London, TW10£3,500,000
Property Type
House
Tenure
Freehold
Price
£3,500,000
Description
Freehold residential investment and refurbishment opportunity
· Montford House is a vacant, semi-detached red brick residential building located in Richmond, London
· The property consists of 10 units measuring 6,144 sq ft (NSA) and 6,767 (GIA)
· The building is spread across the lower ground to the second floor, with four entrances providing access to various units
· There is a communal garden to the rear of the block and a car park for 4 cars
· The building is not listed but does sit within the CA30 St Matthias Richmond Conservation Area
· The building is currently vacant and in need of refurbishment, with a post-refurbishment ERP of c.£270,000 pa.
· The property is held Freehold and is for sale by Private Treaty via Informal Tender
Guiding £3,500,000 which reflects a 7.70% GRY (based on ERP) and an attractive £570 per sq ft