LAND INVESTMENT FOR DEVELOPMENT. Nestled along Laleham Avenue Mill Hill, we present an opportunity for investors/developers to acquire two extremely spacious one bedroom apartments with private gardens that currently house two garages. Our 'in house' architect has indicated the size of the land where the garages sit can be developed to fit a new three bedroom detached house (subject to relevant consents). You will be acquiring the COMPLETE FREEHOLD of all properties so additional freeholder's consents for re-development would not be required. Both properties would also lend themselves to be converted to two bedroom apartments with minimal development. To see site of our proposed plans or advice on resale values please contact Carrington.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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