Freya House, 70 Fourth Way, Wembley, HA9 0LD
12,261 Sq Ft / Other
For Sale
- £5,500,000.00
Available - Last updated: 18 July 2024
Summary
Freya House is a new, superbly designed residential-led development in the heart of Wembley. Comprising 16 luxury self -contained apartments with numerous private terraces across four floors and a well-ordered commercial unit the rear with dedicated parking. We are now instructed to dispose of the Freehold.
The striking architecture of the building is a worthy precursor to set of fantastic common parts, uniquely presented with a range of contemporary original artwork and a lift to all floors. The apartments are the epitome of modern comfort and style with loft-style entrance doors, brushed oak flooring, underfloor heating, high-gloss kitchen with Bosch appliances, metro-tiled splashbacks and a set of super aluminium framed windows that allow light to flood in. Safety features include mains-operated smoke and heat detectors with battery backup. Other amenities include double-glazed windows, an electronic door entry system, LED lighting, and individual gas-fired boilers.
Key Points
Recently completed Mixed Use Freehold of with an GIA of c.12,261 sq.ft. (129.5 sq.m.).16 x 1, 2 & 3 bed (C3) Residential Apartments.A fully let Commercial Unit to the rear.Multiple apartments enjoy private roof terraces.A combined income of £330,000 per annum generating a Gross Initial Yield of 6.3%.High levels of continued occupancy providing testament to these fabulous living spaces.An outstanding Wembley location close to both the Stadium, London Designer Outlet and excellent transport links to and from Central London.Location
Wembley offers a dynamic lifestyle with various local amenities. The iconic Wembley Stadium hosts world-class events, contributing to the area’s vibrant atmosphere. The London Designer Outlet provides excellent shopping options, and the diverse culinary scene offers numerous dining choices. With superb transport links, commuting to Central London is easy, ensuring access to cultural and business opportunities. Living in Wembley blends modern convenience with a vibrant community atmosphere.
Located in northwest London, Freya House benefits from excellent transport links. Wembley Park Underground Station (Jubilee and Metropolitan lines) offers quick access to central London, while Wembley Stadium Railway Station connects to the Chiltern Railways network, reaching destinations like Marylebone. Numerous bus routes and convenient road access further enhance connectivity.Terms
TENURE: Freehold.
SERVICES: It is our understanding that mains water, electricity, gas and drainage are provided. However, it is the responsibility of the purchaser to ensure that services are available and adequate for any proposed development.
AML: The purchaser will be required to provide the necessary information to satisfy AML requirements.
VIEWINGS: The properties may be inspected internally strictly through prior appointment. Prospective purchasers should be aware that inspections are made entirely at their own risk and no liability is accepted by the vendor or their agent.
EPC: These are available to view upon request.
VAT: We understand the Property is not elected for VAT.
METHOD OF SALE: Guide Price: £5,500,000.
See attached Schedule for further information.
ADDITIONAL INFORMATION: The Freehold is owned by U.K. resident individuals and may therefore qualify for either Multiple Dwelling Relief and/or Non-Residential Stamp Duty rates.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£5,500,000.00
| NA |
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