Perwell Court - a property suitable for investment.
27 flats each sold on leases.
Situated within the diverse South Harrow community, Perwell Court combines original character with contemporary prospects. The three-storey mansion-style building was built in the 1940s and overlooks Alexandra Avenue, containing 27 residential flats.
Located at 357 – 373b Alexandra Avenue, HA2 9ED this development of Perwell Court has Rayners Lane Station in close proximity for good connection to the rest of London. South Harrow has easy local amenities and transport links for residents.
Not only is Perwell Court a great building for residential, but it also possesses the attributes of an active development. For a developer there is planning permission to add nine further self-contained units by extending and refurbishing the roof space, making it an ideal investment opportunity.
Existing Position : A freehold residential building of 27 flats each sold on leases, three with unexpired terms less than 66 years.
Unit 2 Area: Approximately 4467 sq ft (415.00m²) Use Planning Particulars Permitted development to extensive internal and external alteration/up- dating, householder redevelopment & addition hereby granted of a two storey self-contained unit located on the ground floor in front / rear elevations as per plan with set floorspan objectives.
Its existing design is proof of the way buildings were built in the early 20th Century with a tiled pitch roof. The next phase of development will revitalize and provide more housing in brand new, modern utilization.
Perwell Court is a rare chance to carry out an investment on some of South Harrow's only remaining history. Perfectly located property, development rights and substantial upside makes this a lucrative opportunity for any astute investor/developer.
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This charming three-story mansion-style block, constructed in the 1940s, offers 27 residential flats. The building retains its period character while providing comfortable living spaces, making it an attractive option for those seeking a blend of vintage charm and modern convenience.
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