For Sale
On behalf of private client
The Residence
106 CAMLET WAY, HADLEY WOOD, EN4 0NX
A luxury residential investment / development opportunity comprising
4 income producing family apartments, planning permission for a further luxury penthouse, and ground rent income.
The development benefitted from planning permission in 2014 for the “redevelopment of the site to provide a 2-storey block of 9 self-contained flats”.
5 flats have been sold off on long leaseholds, and the remaining 4 units are all 3-bedroom luxury family apartments arranged over the 1st and 2nd floors and offer a total net saleable area of 839 sq. m. (9,026 sq. ft.).
All 4 of the remaining apartments are currently operating under Assured Shorthold Tenancies (AST’s) producing a total gross income of £373,200 per annum.
The property benefits from further planning permission granted in August 2024 for an additional one storey extension to provide a new 3 bedroom penthouse apartment.
Situated only 950 metres (0.6 miles) from Hadley Wood Railway Station.