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    Key features

    • Freehold Part Complete Development
    • Ground Rent Investment - £100 pa
    • Planning consent granted (and implemented) for additional storey to create 2 x Two Bedroom Flats
    • Close to Ashford Town Centre

    Description

    The property comprises a freehold ground rent investment with planning consent granted to add additional storey to create 2 x Two Bedroom Flats. We understand that the consent was implemented and roof works commenced in 2022 and any potential buyer would need to complete the internal works.

    Any potential purchaser would need to make their own enquiries in this regard.

    Ground Rents amounting to £100 Per Annum with fixed uplifts derived from Six Self-Contained Flats each on lease as

    follows;· 

    • 134 Feltham Road: 215 years from 25th March 1972 at a peppercorn ground rent. · 
    • 134(A) Feltham Road: 215 years from 25th March 1972 at a peppercorn ground rent.· 
    • 134(B) Feltham Road: 215 years from 25th March 1972 at a peppercorn ground rent.· 
    • 134(C) Feltham Road: 189 years from 25th March 1972 at a ground rent of £50 per annum with fixed uplifts 
    • 134(D) Feltham Road: 189 years from 25th March 1972 at a peppercorn ground rent. · 
    • 134(E) Feltham Road: 136 years from 25th March 1972 at a ground rent of £50 per annum with fixed uplifts 

    Additional information

    Tenure

    Freehold

    Accommodation

    Proposed Plans:

    Second Floor

    Flat 1 - 2 bedrooms, Kitchen/dining room, bathroom room/toilet - 699 sq ft (65 sq m)

    Flat 2 - 2 bedrooms, Kitchen/dining room, bathroom room/toilet - 699 sq ft (65 sq m)

    Planning

    Planning Consent has been granted by Spelthorne Borough Council on 3rd December 2019 under (Planning

    reference number: 19/01118/FUL Click here.) for a Roof development to add additional storey to create Two x Two Bedroom Flats with associated bin and cycle storage and parking.


    We understand this consent has been implemented and works have commenced. The development is therefore part-complete.

    Rent

    £100 p.a. with fixed uplifts

    Notes

    Please note Savills Auctions have not inspected the property. Any drawings, plans, areas and photographs are for illustrative purposes only and purchasers should rely on their own enquiries.

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      Local information

      Located on Feltham Road close to local shopping and travelling facilities available in Ashford Town Centre including Ashford Train Station. Ashford Manor Golf Club and Queen Mary Reservoir are also nearby.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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