Lot 37
    Flat
    149 Balham Hill
    Balham, London, SW12 9DJ
    Sold for £752,000.
     
    Number 1
    A Well Located Redevelopment Opportunity Comprising a Substantial End of Terrace Building Currently Arranged to Provide a Vacant Split Level Office Unit to the Ground and Lower Ground Floors and Three Self Contained Flats to the Upper Floors. The Flats are Sold Off. Flat 3 has 68 Years Unexpired on its Lease. Offered with Approved Permitted Development to Change from Office to Residential and Planning Permission to Convert the Existing Office into Three x One Bedroom Flats.

    Tenure

    Freehold

    Location

    The property is situated in sought after South London area of Balham close to local shops and amenities. The open spaces of Clapham Common are within easy reach. Transport links are provided by Clapham South underground (Northern Line) and Balham rail stations.

    Planning

    Under permitted development permission has been granted to convert the existing property into three flats. Planning permission was also granted by Wandsworth Council on 22nd July 2015 (Ref: 2015/2761): "alterations to ground floor frontage along Dismore Road and basement extension."


    Description (2nd Column)

    The property comprises a lower ground and ground floor office unit situated within an end of terrace corner building arranged over lower ground, raised ground and three upper floors.
    Current GIA - 1,173 sq ft
    Proposed GIA - 1,600 sq ft (approx. 500 sq ft per flat plus communal areas)

    Viewing Details

    Tuesday 9th February 10:00-10:30
    Thursday 11th February 10:00-10:30
    Tuesday 16th February 10:00-10:30
    Thursday 18th February 10:00-10:30

    Addendum

    The guide price has been reduced to £675,000+

    Accomodation Schedule

    Property Floor Accommodation
    Office Ground & Lower Ground Open Plan Office, Storage Room, Kitchen, Two WCs & wash basins, Storage Room
    Flat 1 First One bedroom flat - sold off on a long lease with 158 years unexpired
    Flat 2 Second One bedroom flat - sold off on a long lease with 158 years unexpired
    Flat 3 Third One bedroom flat - sold off on a 99 year lease from 01.01.1985 thus 68 years unexpired
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    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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