Investment Opportunity 6 Bamborough Gardens, Shepherd's Bush, London W12

Home , Hammersmith, Notting Hill, Westfield London

INVESTMENT OPPORTUNITY 6 BAMBOROUGH GARDENS, SHEPHERD’S BUSH, LONDON W12 8QN SHEPHERDS BUSH GREEN

5.8m 53 1 to 12

13 (PH) INVESTMENT OPPORTUNITY | 6 BAMBOROUGH GARDENS, SHEPHERD’S BUSH, LONDON W12 8QN Granville Mansions 2 2 1e

4 1d 1 6 4 1c

14 TCB 1b

16 10 5

10 12 2 Shelter

19 4

17 MansionsLanark 8 13 9

15 to 19 to 15 13 15

22b 20 2 9 TCBs Surgery

11 22

1 to 6 7

5 22a Rayner Court 6

BAMBOROUGH GARDENS

21 to 25 to 21 3

INVESTMENT SUMMARY 8 Shelter

24 1a

10 26 27 1

28 29 6.5m LB

5.5m

A freehold HMO investment opportunity 2 7 10b

Shelter situated in a prominent position in 41 39a

TCB WOODGER ROAD Garage 43 43a

Shepherd’s Bush, London. 41a 4 2

10 72 • Configured to provide eight studio

69 SULGRAVE GARDENS 4 to 30 1 61 to 68 rooms with shared facilities. 1 to 48

Apex Court 12

49 to 60 to 49

• Overall gross internal area (GIA) 14 1 to 3 to 1

(including communal areas) of 2,219 3 to 17 22

sq ft (206 sq m). 32 34 10

5.7m

36 1

• To be sold with the benefit of vacant 33 to 19 22

ESS possession. LOCATION AND SITUATION 13 • Central London location with excellent transport links, with Shepherd’s Bush The property is located within the London The transport connections are excellent with (Central Line, Overground and National Borough of Hammersmith and Fulham, within there being three stations (Zone 2) within 0.3 miles the Shepherd’s Bush Conservation Area. (0.5 km) of the property, collectively providing Rail), Shepherd’s Bush Market (Circle three Underground lines, the Overground line Shepherd’s Bush is located in West London and is and Hammersmith & City Lines) and National Rail. These include: Shepherd’s Bush bordered by Holland Park and Notting Hill to the and Goldhawk Road (Circle and (Central Line, Overground and National Rail), east. Bamborough Road is situated off Goldhawk Hammersmith & City Lines) are all within Shepherd’s Bush Market (Circle and Hammersmith Road on the south west corner of Shepherd’s 0.3 miles (0.5 km) of the property. & City Lines) and Goldhawk Road (Circle and Bush Green. It is a residential, no through road, Hammersmith & City Lines). 10 Margaret Street Project Scale Date • Extensive amenities throughout the characterisedLondon W1W 8RL by terraced period town houses.1:1250 14.01.16 6 Bamborough Gardens Telephone +44(0)8702402889 area, including Westfield London Facsimile +44(0)1142799191 London, W12 8QN Ref. Number StationRev. Quickest Line Shepherd’sWebsite www.jeffersonsheard.com Bush has a strong rental market; shopping centre, Shepherd’s Bush 0900-JSA-XX-XX-DR-A-01001 Time the area attracts youngDrawing professionals working Drawn AS Check JD Market and Shepherd’s Bush Empire in either The West EndSite Locationor City Plan who enjoy the Hammersmith 9 mins Hammersmith & Do not scale from this drawing City or Circle music venue. direct access via the Central Line to bothThe these contractor is to check all dimensions on site and report any A 00/00/00 Drawn: JSA Check: JSA discrepancies to the architect All rights described in chapter IV of the copyright, designs and patents act Initial Issue major employment hubs. There are also extensive1988 have been generally asserted Oxford Circus 9 mins Central • Full planning consent (ref: 2016/03107/ amenities beyond its restaurants and bars, such Clapham Junction 15 mins Overground FUL) to extend the building to provide an as Westfield London shopping centre, Shepherd’s Bank 29 mins Central overall GIA (including communal areas) Bush Market and Shepherd’s Bush Empire music Liverpool Street 37 mins Central of 2,808 sq ft (261 sq m). venue, which attract people from all over the King’s Cross 40 mins Central / country making it a vibrant and diverse place to Victoria • Scope to reconfigure and self contain live and visit. Westfield London has helped drive units, subject to the necessary consents. the local economy since it opened in 2008 by Source: Transport for London. attracting over 28 million visitors each year. It has also played a major part in the development of its transport links, which the area now hugely benefits from. INVESTMENT OPPORTUNITY | 6 BAMBOROUGH GARDENS, SHEPHERD’S BUSH, LONDON W12 8QN 3

DESCRIPTION CGI for illustrative purposes only

The property is a mid-terraced, period townhouse comprising eight studios. It has an overall GIA (including communal areas) of 2,219 sq ft (206 sq m) and is arranged over four storeys. Six of the studios comprise a kitchen unit and the remaining two have access to a shared kitchen. The studios have access to two shared bathrooms, which are situated on the ground and first floors. The building itself benefits from grand ceiling heights and a rear garden. Two of the studios have been refurbished to a good standard; the rest of the building is in reasonable internal order, although now there is an opportunity to add value through refurbishment. The property will be sold with the benefit of vacant possession.

MARKET OVERVIEW

The investment market for sui-generis HMO, hostel and serviced apartment blocks has rapidly evolved over the past two years. Such buildings have the potential to optimize rent ‘per square foot,’ enabling an enhanced yield to be achieved above mainstream residential assets. INVESTMENT OPPORTUNITY | 6 BAMBOROUGH GARDENS, SHEPHERD’S BUSH, LONDON W12 8QN 4

PLANNING & DEVELOPMENT POTENTIAL

The property received full planning consent (ref: 2016/03107/FUL) in October 2016 to extend the rear at lower ground level and construct a rear roof extension, providing a overall GIA (including communal areas) of 2,808 sq ft (261 sq m). The proposed works would increase the number of studios to nine and allow for two units to be converted into en-suite studios. Furthermore, it is proposed that the shared kitchen is redeveloped into a larger kitchen, living and dinning area. Subject to the necessary planning consents, there is scope to increase the number of studios, self-contain the rooms and improve the specification throughout.

HMO LICENCE

The property currently has no HMO licence.

ACCOMMODATION SCHEDULE

Existing Layout Proposed Layout

Floor Area Floor Area Floor Room Shared Facility Room Shared Facility (sq ft) (sq ft) Lower Ground 553 2 x studio kitchen 811 1 x en-suite kitchen rear garden living area dining area shower room rear garden 1 x studio bathroom Ground 581 2 x studio bathroom 587 1 x en-suite wc First 592 2 x studio bathroom 592 3 x studio - Second 493 2 x studio - 493 2 x studio - Third - - - 325 1 x studio shower room Totals 2,219 2,808 INVESTMENT OPPORTUNITY | 6 BAMBOROUGH GARDENS, SHEPHERD’S BUSH, LONDON W12 8QN 5

EXISTING FLOOR PLANS

Lower Ground Ground First Second Roof

3002 3002 3002 3002 3002

Step

Shower Room

Bathroom Kitchen Patio

a/c C WC Shower

U/S C Bedroom Bedroom Bedroom Bedroom E2 E3 E5 E7

Bedroom E1 Bedroom Bedroom Bedroom E6 E8 E4

Area not surveyed

Store Bins

3001 3001 3001 3001 3001 Planting

Approximate Gross Internal Area 2,219 sq ft (206 sq m) INVESTMENT OPPORTUNITY | 6 BAMBOROUGH GARDENS, SHEPHERD’S BUSH, LONDON W12 8QN 6

PROPOSED FLOOR PLANS

Lower Ground Ground First Second Third Roof

Planters Planters

A A A A A 3100 3100 3100 3100 3100 A 3100

3101 3101 3101 3101 3101 3101

Living

Flat Roof

Bathroom

Dining Room 04

Door Shower handed WC

Up Up

Up Up Room P2 Up Kitchen Up Up

Room 05 Room 07 Room 07

Up Up Door Door Door Up handed handed handed Shower En-suite Shower Room Room Ensuite

Door Door Door handed handed handed

Door handed

Bedroom Room P3 Room 08 Room 08 P1 Room 06

Cycle Store - 3 Cycles Cycle Store - 6 Cycles

Bins

A 3101 A A A A A Planting 3100 3100 3100 3100 3100 3100 3101 3101 3101 3101 3101

Approximate Gross Internal Area 2,808 sq ft (261 sq m) INVESTMENT OPPORTUNITY | 6 BAMBOROUGH GARDENS, SHEPHERD’S BUSH, LONDON W12 8QN 7

TENURE VIEWINGS

The property is held freehold. Viewings are strictly by appointment via the vendor’s sole selling agents, Savills. Please contact one of the agents below to make an appointment. METHOD OF SALE

The property is offered for sale by private treaty. CONTACTS Offers are sought for the freehold interest subject to contract. Davina Clowes James Watkins [email protected] [email protected] VAT + 44 (0) 20 7016 3838 + 44 (0) 20 7409 8056

The property is not elected for VAT.

FURTHER INFORMATION

A full suite of background information, including EPCs, can be found on the online data room at https://sites.savills.com/bamborough

Important Notice Savills, their clients and any joint agents give notice that: 1. They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.