Clandon Gdns | London N3 3BD
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Clandon Gdns
London N3 3BD
Clandon House · Multifamily Property For Sale · 21 Units
Investment Highlights
- An investment/development opportunity located in Finchley, North London
- For sale freehold subject to the agreed lease in existence
- The building provides 101 lettable rooms within 21 flats, with shared facilities.
Executive Summary
The building was previously used as student accommodation, and is now occupied by Ace Lets Limited, providing temporary residential accommodation.
The Property is subject to a new lease with Ace Lets Limited for a rent of £903,193 per annum.
A planning application ref: 23/3295/FUL was validated on 25th August 2023 for alterations.
The property is for sale freehold on an unconditional basis by way of informal tender (unless sold prior).
The Property is subject to a new lease with Ace Lets Limited for a rent of £903,193 per annum.
A planning application ref: 23/3295/FUL was validated on 25th August 2023 for alterations.
The property is for sale freehold on an unconditional basis by way of informal tender (unless sold prior).
PROPERTY FACTS
| Price Per Unit | $603,598 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.70% | Lot Size | 1.03 AC |
| Tenure | Freehold | Building Size | 20,114 SF |
| No. Units | 21 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Dormitory | Parking Ratio | 1.34/1,000 SF |
| Price Per Unit | $603,598 |
| Sale Type | Investment |
| Cap Rate | 8.70% |
| Tenure | Freehold |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 20,114 SF |
| No. Stories | 3 |
| Year Built | 1980 |
| Parking Ratio | 1.34/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 5+2 | 21 | - | - |
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