51 Lampton Road, Hounslow, Middlesex, TW3 1LY
Guide Price* : £1,850,000
Newly Converted Office to Provide Eight Flats
- New build block of flats
- Potential SDLT saving via an SPV purchase
- ERV of approximately £90,000 per annum reflects a yield of 4.9% on guide price
Description
The property forms a semi-detached former office building which has recently been converted into eight self-contained flats and studios with associated parking.
The flats are finished to a modern specification and are well sized for the local market.
Location
The subject is located in the London Borough of Hounslow, approximately 11 miles to the west of Central London and 3 miles to the west of London Heathrow Airport. The town has become a residential hub in recent years with approximately 1 million people living within a six mile radius of Hounslow Town Centre. Over the last five years, the TW postcode area has seen average compounded house price growth of 5.07% which is well above the national average of 1.93%.
Hounslow benefits from excellent road communications, being within 5 miles of both the M3 and M4 motorways, which provide a link with Central London, the M25 and provide the principal means of communication to the south west and west respectively.
The property is situated on the east side of Lampton Road close to its junction with Queen’s Road. Hounslow Central London Underground station is a short walk away whilst the Treaty Shopping Centre and the High Street in Hounslow are within 0.5 miles.
Tenure
Freehold
Planning Authority
London Borough of Hounslow - www.hounslow.gov.uk (020 8583 2000)
VAT
The property is elected for VAT
Note
It is envisaged that the property will be sold via its holding company 51 Lampton Road Limited (11206383)
Accommodation
Address | Floor | Use | SqM | SqFt |
---|---|---|---|---|
Flat 1 | Lower Ground | One Bedroom | 48.5 | 522 |
Flat 2 | Lower Ground | One Bedroom | 48.5 | 522 |
Flat 3 | Ground | Studio | 29.0 | 322 |
Flat 4 | Ground | One Bedroom | 32.0 | 344 |
Flat 5 | First | Studio | 26.5 | 285 |
Flat 6 | First | One Bedroom | 41.5 | 447 |
Flat 7 | Second | Studio | 30.0 | 323 |
Flat 8 | Second | Studio | 23.5 | 253 |
Total | 279.5 | 3,008 |
Contact
Joint auctioneers
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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The successful purchaser will be required to pay the auctioneers administration fee of £990.00 inclusive of VAT. Other additional costs / fees may apply. - Click here.
Joint Agent
Local Authority
Office Contact
Agreement Documents
Additional Documents
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton April 2025
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