Watling Real Estate marketing £10 million Richmond new build residential development

A significant £10 million investment opportunity in south west London is being sold by Watling Real Estate.

The newly built development of 20 self-contained apartments at 1-9 Sandycombe Road in the affluent suburb of Richmond is being offered freehold by Matthew Southall and Jamie Lamond in Watling Real Estate’s London office.

Matthew Southall said: “This is  a completed development of apartments finished to a very high specification and we are anticipating strong interest due to the location and opportunity to acquire an unbroken block of turnkey residential apartments.”

The 20 self-contained apartments include two studios, seven 1 bed apartments and 11 2 bed apartments.

The specification includes Italian kitchens, Siemens appliances in 18 apartments with Miele appliances in two penthouses, Amtico flooring and underfloor heating in all apartments, Daikin Altherma heat pumps for all apartments and climate control in all living areas.

The apartments all have Grohe and Hansgrohe showers and taps, with Roca toilets and vanity units, floor to ceiling tiled bathrooms, a Sedam living roof and Velfac windows and triple glazing to the rear.

The development includes two central core lifts plus stairs access to all floors. The property has 15 car parking spaces including seven spaces and eight stacker spaces.

The commercial units on the ground floor are not included in the sale.

The development is located on the eastern side of Sandycombe Road, to the north of the Manor Circus Roundabout, within the London borough of Richmond upon Thames. North Sheen national rail station is just 0.24 miles away and Richmond town centre is approximately one mile to the south west.

The Royal Botanical Gardens at Kew are just 0.4 miles away with Richmond Park 1.4 miles to the south east.

Mr Southall said: “Both in location and finish, 1-9 Sandycombe Road offers exceptional value as an investment opportunity. Bricks and mortar will always be a popular asset class, particularly in uncertain times.”

Further details are available at https://watling.com/property/223033-2/ or via matthew.southall@watling.com or jamie.lamond@watling.com

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For further information, please contact:

Matthew Southall, Associate, Watling Real Estate, 60 Cannon Street, London EC4N 6NP

matthew.southall@watling.com

Issued by ASAP PR – 07990 978257

Watling Real Estate

Watling Real Estate was created on 1 June 2023 by a management buyout of the real estate restructuring division of Avison Young. The business is headquartered in London with a network of offices in Birmingham, Manchester, Leeds and Bristol, providing national coverage with the benefit of local and regional expertise.  It has a team of 20+ professionals offering a multi-disciplinary real estate advisory business.