Property Description

O.I.E.O £3,650,000 - A fantastic Freehold Investment property comprising of 9 residential apartments and 2 ground floor commercial units. One of the commercial units is being offered for sale with the added benefit of having Costa Coffee as the incumbent tenant on a fully repairing and insuring lease. The building offers potential scope for further re-development (subject to planning). The current owner has submitted plans to the local authority for an additional residential apartment.

Further details will be provided upon request.

Capital House lies in the heart of vibrant Leytonstone. This extremely popular area is widely known for an array of independent retailers, restaurants and Cafes. Leytonstone sits in the very core of London’s historic East End.

The accommodation comprises 9 residential apartments and 2 ground floor retail premises. The 9 apartments are made up of 7 x two bedroom apartments, 1 x one bedroom apartment and 1 x three bedroom apartments. All the apartments are currently let on Assured Shorthold Tenancies and the building will be sold with the tenants in occupation.

Details of the tenancies will be provided on request.

The Commercial units are also currently let and full details will be provided upon request.

Capital House has only recently been converted and refurbished into residential apartments. Formally the building comprised of retail shops on the ground floor and offices on the upper parts. The current owner has lovingly redeveloped the building to provide 9 beautifully appointed apartments.

In addition to the 9 residential apartments and 2 commercial units, the building also has scope for further redevelopment Subject To Planning.

Accommodation
FLAT 1 | 2-bed | 2-bath | 64.1 sqm
FLAT 2 | 2-bed | 2-bath | 61.8 sqm
FLAT 3 | 2-bed | 1-bath | 51.9 sqm
FLAT 4 | 3-bed | 2-bath | 70.3 sqm
FLAT 5 | 2-bed | 1-bath | 61.1 sqm
FLAT 6 | 2-bed | 2-bath | 61.7 sqm
FLAT 7 | 2-bed | 2-bath | 59.6 sqm
FLAT 8 | 2-bed | 2-bath | 58.5 sqm
FLAT 9 | 1-bed | 1-bath | 64.9 sqm

Developer
Capital house has been developed by renowned property developer Ray Hardy. Prior to being a principal developer in his own right, Ray was formally Group investment Director for Ballymore Properties, one of the UK’s most prestigious house builders.

Location
Leytonstone is arguably one of the hottest property markets in the Capital right now. The green open spaces and fantastic transport links into central London have made it very popular in recent years. Capital House is located just 100 metres from the central Line, making ideal for commuting to almost anywhere in the Capital.

Transport Links
Leytonstone tube station is in Travelcard Zones 3 and 4 on the Central line.

Leytonstone Bus Station stands either side of exits for Leytonstone tube station; key routes include the 257 to Stratford, the W15 to Hackney, and the night bus N8 to Tottenham Court Road.

Leytonstone High Road railway station is a London Overground railway station, located in the south of Leytonstone, serving the Gospel Oak to Barking line. In 2018, the line was electrified to allow for longer trains, with an additional capacity; after engineering and supply delays, these were introduced in June 2019.

Close to the southern end of Leytonstone (3⁄4 mile or 1.2 kilometres south of the Cann Hall Road boundary) is Maryland railway station in Stratford; which is planned to be part of Crossrail on the Elizabeth Line.

Leytonstone is located in London’s Ultra Low Emission Zone (ULEZ); which is to be expanding from central London up to the North Circular and South Circular roads.

ADDITIONAL INFORMATION
• Each party is to bear their own legal costs.
• Full suite of documentation including EPC, Assured Shorthold Tenancies, commercial property leases and
planning documentation relating to the application made for an additional dwelling.
• VAT | The property is elected for VAT.
• TENURE | Freehold.
• Our client may consider the sale of the SPV company that holds the Freehold interest.

.