Lot 01 - Development Opportunity, 54 & 56 Hounslow Road, Feltham, Middlesex, TW14 9DG

  • Unconditional Online Auction Sale
  • Guide Price* : £975,000+

Rarely available development opportunity offering a wide variety of uses in popular residential area close to Feltham Station and Heathrow Airport. In all about 0.25acres.


Description

Situation & Description

This unique parcel of land extending to c.0.25acres in total lies on the corner of Hounslow Road and Harlington Road East in Feltham, just a short walk from Feltham Station giving direct access to London and the surrounding area.

Currently comprising of:

1x 3 bedroom semi-detached house spread over 3 floors in need of updating throughout with off-street parking, garage and rear garden

1 x semi-detached former dental surgery with potential to convert into a family home or split into apartments (subject to change of use to residential)

1 x single storey building currently used as storage with potential to convert into residential (stp)

Land to the side and rear with development potential for the erection of apartments (stp)

Due to the size and flexibility of the site, it offers an incoming buyer a variety of options whether it be;

Demolition of the existing buildings to create a substantial block of apartments

Sub-division of the existing to flats and/or bedsits to create 2 x incoming generating HMO properties with the benefit of the adjacent land to develop

Renovation of the existing semis to 2 x family homes to sell to end users and then develop the land to the side and rear to create additional dwellings/flats.

To the best of our knowledge, there have been no formal conservations or communications with the local authority about the above options and it's the responsibility of the buyer to carry out their own due diligence on the suitability and long-term use of the existing properties and adjacent land.

Feltham is a popular West London town in the Borough of Hounslow with excellent transport links to Central London (direct access to London Waterloo in 31 minutes and London Victoria will take 38 minutes via Clapham Junction) with Heathrow Airport a mere 1.5 miles away. There is also easy access to the M4 and M25 motorways.

There is a wide variety of local and High Street retailers and restaurants on Feltham High Street to include Starbucks, Tesco and Barclays with a good selection of primary and secondary schools in the immediate area.

Auction Details

The lot is to be sold by online auction on Thursday 5th August at 4pm (bidding opens on Wednesday 4th August at 12:00pm)

All interested parties who wish to bid, please contact My Auction on 0207 101 4868

Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer subject to a minimum fee of £2,400 (inc of VAT).

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Sold for £1,074,000

This auction is now closed.

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