Terraced house for sale in Lillie Road, Fulham, London SW6
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Property features
- Mid terrace building
- 3 self-contained flats
- 1 x 2 bedroom flat subject to AST
- 2 x 1 bedroom flat sold off on a long lease
- Freehold
- Buy to let investment
- Monthly rental rate of £2,050 (£24,600 per annum)
- Ground rent income of £500 per annum
- 10 minutes from Hammersmith Broadway Train Station: District Line, Piccadilly Line, Ham & City Line.
- Conveniently located for the amenities and services of both the Lillie Road, Munster Road
Property description
Buy to let investment: A mid-terrace freehold building consisting of three self-contained flats, conveniently situated near the green spaces of Lillie Road Recreation Ground.
The property comprises a 2 bedrooms flat on the lower ground and ground floor, currently subject to an Assured Shorthold Tenancy initiated on May 25,2023, with a monthly rental rate of £2,050 (£24,600 per annum). Additionally, there are two 1 bedroom flats on the first and second floors, which have been sold off on a long lease, generating a ground rent income of £500 per annum, resulting in a Gross Initial Yield of 5.39%.
Two bedroom flat: The accommodation features a bright and spacious reception room with a access private patio, offering an excellent living and entertainment space, a separate fitted kitchen with integrated appliances on the lower ground floor. The upper ground floor includes two bedrooms and a modern tiled bathroom, complemented by a private patio garden.
The location is advantageous, offering proximity to the amenities and services of Lillie Road, Munster Road, and Fulham Palace Road. It is conveniently located 10 minutes away from Hammersmith Broadway Train Station, providing access to the District Line, Piccadilly Line, and Hammersmith & City Line.
It's important to note that the property is currently tenanted, and the existing tenants will continue to occupy it upon completion. As a noteworthy detail, the owners and successors in title, as part of the planning permission conditions, are not entitled to residents' parking permits.
Tenure: Freehold
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Property info
For more information about this property, please contact
Amber & Co Ltd, W12 on +44 20 8033 3109 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Amber & Co Ltd, and do not constitute property particulars. Please contact Amber & Co Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.