The Octave, 203 Willesden Lane, Brondesbury, London, NW6 6YR

New-build block of 8 high specification self-contained apartments completed in early 2018

avisonyoung.co.uk/15337 The Octave, 203 Willesden Lane, London, NW6 7YR

Walking distance from

A well located block close Kilburn &Willesden Green Significant and sustainable Current annual rent roll of to Queen’s Park situated in (Jubilee Line) occupational demand c.£119k with scope to North West London increase to c.£155k Brondesbury & Brondesbury Park (Overground)

The block is part-occupied Land and Building to the Perfect for professionals or with excellent Asset rear has development Offers invited for the young families Management opportunities potential (STPP) freehold interest and scope to break-up

Block Summary

Flat Bedrooms m2 Sq. Ft. Floor Current Passing Rent Agreement

1 2 73.77 794 RGF £32,244 Commercial Lease 2 3 142.00 1,528 LGF/RGF Vacant N/A 3 3 96.15 1,035 LGF £29,120 AST 4 2 62.00 667 1F £23,400 Commercial Lease 5 2 83.80 902 1F £400 (GR) Long Leasehold 6 1 51.56 555 2F £350 (GR) Long Leasehold 7 2 83.80 902 2F £33,804 Commercial Lease 8 2 71.63 771 3F £400 GR Long Leasehold

664.71 7,154 £119,718 Location

The Octave is located on Willesden Lane which is less than10 minutes walk to Brondesbury Park Overground station, Willesden Green and Kilburn Underground Stations. Queen’s Park is also located within a 10 minute walk.

Kilburn Station has a regular service on the Jubilee line with a journey time of approximate 10 minutes to Baker St and 12 minutes to Bond St. Brondesbury and Brondesbury Park offer frequent Overground services.

The Octave is well located towards offering regional and national connectivity via the A5, A40, M1, M4 and M25 major infrastructure networks.

Description

The Octave comprises eight high specification contemporary apartments completed in early 2018.

The apartments benefit from

 Bespoke Kitchens with Siemens Appliances  Boiling and Filtered Water Taps & ISE Waste Disposals  Intelligent Lighting Systems and Music System with Integrated Ceiling Speakers To Reception Rooms  Air Conditioning to Principal Rooms  Underfloor Heating Throughout  TV, Satellite and Telephone Points  Double Glazed Windows  Secure Off Street Parking (3 sold off with LLH properties, 2 included within freehold title)  Communal Gardens  Passenger Lift  BLP Building Warranty  Video Entry Phone System

The land to the rear extends to approximately 0.09 acres. There is a single storey building situated on the land.

Title

Block | MX361176 | 1 to 8, Lime Tree Apartments, 203 Willesden Lane, London, NW6 7YR

Development Land (STPP)| AGL433525 | The Octave, 203 Willesden Lane, London, NW6 7YR

Council Tax

The properties are assessed as follows within the local authority of Brent Council.

Flat Council Tax Band 1, 4, 6, D 3, 5, 7, 8 E

2 F

Energy Performance Certificates

All units have an EPC rating of B. Individual EPCs can be found within the Dataroom. Planning

Recent planning applications are set out below. More details can be found through Brent Council’s online planning service. Interested parties are expected to make their own enquiries and satisfy themselves in relation to relevant consents.

15/2147 | Granted | Demolition of existing building and erection of a 4 storey building with a basement level containing 8 self contained flats (3 x 1bed, 3 x 2bed and 2 x 3bed) with associated car and cycle parking spaces, bin enclosures, amenity space and landscaping

16/2296 | Granted | Variation of condition 2 (approved plans) to allow minor material amendment as follows:

* enlargement of the footprint of building on the third floor by 16 sqm * change Unit 8 from a one bed to a two bed * material changes to the front elevation

16/3740 | Granted | Details pursuant to discharge of condition number 4 (landscaping), 10 (cycle parking) and 11 (refuse and recycling) of full planning permission reference 16/2296 dated 28/07/2016 for Variation of condition 2 (approved plans) to allow minor material amendment as follows:

* enlargement of the footprint of building on the third floor by 16 sqm * change Unit 8 from a one bed to a two bed * material changes to the front elevation

16/4179| Granted | Details pursuant to condition 9 (materials) of variation of condition application ref 16/2296 relating to of full planning permission reference 15/2147 dated for Demolition of existing building and erection of a 4 storey building with a basement level containing 8 self contained flats (3 x 1bed, 3 x 2bed and 2 x 3bed) with associated car and cycle parking spaces, bin enclosures, amenity space and landscaping

19/0263 | Granted | Non-material amendment (replace an area of green roof with a terrace) Tenancies / Rental Income

A full breakdown of the rental income is provided in the schedule of accommodation which is available in the dataroom.

Additional Information

Additional information is available within the dataroom:

https://gva.box.com/v/203-The-Octave

Method of Sale

Offers are invited separately for the freehold interest of The Octave and for the Land to the rear of 203 Willesden Lane.

Vendor Identity

The property is for sale by instruction of the Joint Fixed Charge Receivers.

Viewing

Strictly by appointment only.

The properties will be subject to block viewing arrangements and will not be available for viewing purposes outside these times.

To arrange a viewing please contact Matthew Southall.

Contacts

Matthew Southall Tel: +44 (0)20 7911 2018 Mob: +44 (0)7887 987 409

Email: [email protected]

Jamie Lamond Tel: +44 (0)20 7911 2123 Mob: +44 (0)7903 056 581 Email: [email protected]

Avison Young 65 Gresham Street EC2V 7NQ

Avison Young 65 Gresham Street, London EC2V 7NQ

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