Terraced house for sale in Priory Park Road, North Maida Vale, London NW6

*For sale via secure sale online bidding: Terms and conditions apply.*
viewing open house Thursday 4th July 2PM – 2.50PM

A superb Freehold Residential Investment comprising a mid-terrace House Internally arranged to provide 8 self-contained Studio flats. Currently on a 10 year lease from June 2022 to a housing association. This provides £115,450 per annum income with no maintenance liability. Providing a net yield of over 9%.

View the virtual tour first, although there have beeen improvements since it was filmed. Early viewing and negotiation is recommended.

A Residential Investment Comprising a Mid Terrace House Internally Arranged to Provide Eight Self-Contained Studio Flats. The Seller has now signed a 10 year lease with a housing association, providing rental of around £120,000 per annum with no maintenance.

Description

The property comprises a mid terrace house over ground and three upper floors internally arranged to provide eight self-contained studio flats with a total combined gia of approximately 1,727 sq ft.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Kilburn Grange Park are within easy reach. Transport links are provided by Kilburn underground station (Jubilee line) and Kilburn High Road rail station.

Tenancy

The eight self-contained flats are currently leased to a housing association ona 10 year lease with a 5 year break clause, at a rent of around £120,000 per annum.

Accommodation

Ground Floor3 x studio flats with en-suites, communal kitchen
First Floor3 x studio flats with en-suites, communal kitchen
Second FloorStudio flat with en-suite
Third FloorStudio flat with en-suite