For SaleApartment in 4 Union Road, Stockwell, London, SW4 6JP£460,000
Property Type
Apartment
Tenure
Leasehold
Price
£460,000
Resources
Description
Attractive office/studio in Stockwell, arranged over 3 floors, with prior approval granted for change of use and conversion into a 3-bedroom apartment.
• Attractive office/studio arranged over 3 floors with prior approval granted for change of use and conversion into a 3-bedroom apartment (1)
• Separate access to both ground & lower ground floors off Union Road
• Equidistant (0.3 miles) from Stockwell and Clapham North underground stations (Victoria and Northern Lines) and 0.4 miles from Clapham High Street station (Overground). Within 4 miles of the West End.
• EPC Rating A
• Offered with Vacant Possession.
PROPERTY DESCRIPTION
The property comprises a vacant office/studio arranged over lower ground, ground and first floors of a mixed-use building, totalling approximately 154.4 sq m (1,662 sq ft) GIA. The property can be accessed directly off Union Road at both ground and lower ground floor levels (via a gated stairwell). There is also a south-facing terrace and refuse storage area at lower ground level, shared between 2 and 4 Union Road. The property also benefits from its own locked refuse store at ground floor level. In addition, there is a communal gated courtyard and seating area to the rear of the property.
FLOOR AREAS (GIA)
Lower Ground – 41.8 sq m (450 sq ft)
Ground – 39.9 sq m (430 sq ft)
First – 77.0 sq m (829 sq ft)
Total – 159 sq m (1,712 sq ft)
PLANNING (1)
An application for prior approval was submitted to Lambeth Borough Council on 29 January 2024 for ‘the change of use from (Use class E) to the basement, ground floor and first floor into a three-bed apartment (use class C3)’ (Reference: 24/00301/P3MA).
The proposed plans would create no additional floor area.
The prior approval of the Local Planning Authority is granted via a letter dated 24th March 2024. However, the Vendor is still waiting on the documentation giving formal approval to the change of use.
TENURE
Leasehold - Held from Notting Hill Genesis for a Term of 250 years from 01/12/2015. (Approximately 241 years unexpired) at a Ground Rent of £300 pa.
TENANCY
Vacant.
VAT
VAT is applicable
EPC RATING – A
VIEWINGS by appointment only – please contact [email protected]