Offering great potential, a major portion of this fine Victorian mansion, sold as the Freehold, but subject to three long leasehold apartments in the building on peppercorn ground rents.
One of the original Victorian mansion houses in this wide, tree-lined avenue, which became known locally as millionaires row'.
As with many of these houses, the post war period was then a time of the partial conversion of these very large properties, often into rental rooms, and then later into long leasehold apartment sales. This particular property forms the largest portion of the building, set over three floors, including an extensive basement and is being sold freehold, but subject to three long leasehold apartments in the building, which generate just peppercorn ground rents. There is also a pool house addition to the west, linked to house via the Drawing Room.
The property is considered to have great potential and the accommodation throughout has much original character, including high ceilings of 3.46 meters in the key ground floor reception spaces. There are also many period features, including a stain glass window to the original staircase, a variety of fireplaces, casement windows with shutters, cornicing, deep skirting boards and parquet flooring.
Outside, the property has the benefit of the mature gardens and a private turning and parking area in front of the original main entrance. The apartments are accessed elsewhere and include a top floor three Bedroom, a first floor two bedroom and a ground floor one bedroom. All these apartments have discreet allocated garden areas and car parking.
Historically, the selling clients have insured the building and maintained the property on an ad hoc basis, with apportioned costs on a percentage basis - the Freehold picking up 65% of the total expenditure.
View payable Stamp Duty for this property
I really see great potential here in this sought after, historic millionaires row'.
Robert JacobsProperty agent