E731 Prince of Wales Road Chalk Farm, London. NW5



Twelve Apartments in a purpose built Development

sold on varying lease terms originally 99 years from 25th December 1964

at a combined (rising) ground rent of £920 per annum

THREE Leases have 42 years.

TWO have 86 years.

TWO have 81 years.

TWO have 77 years.

ONE has 96 years.

with two at a 189 year peppercorn

The Vendors obtained Planning Consent for a further ground floor one bed Apartment

This Planning Gain is time expired.

The Vendor would consider an Overage Agreement.

A Lessee owned Management Company Insures and Manages the Development.

The Landlord owns everything above the ceilings, below the floors and the building envelope

and can Develop as they see fit.

Lessees cannot alter their premises without the written consent of the Landlord.

Section V Notices have not yet been served.

Copy documents held electronically: Ground Rent/Lease Schedule; Executed Lease.

Original Developer Selling 

GUIDE PRICE £220,000