Flat for sale in Moscow Road, London W2

£500,000
Interested in this property? Call +44 20 3463 2690 * or Request Details

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Flat for sale - 1 bedroom

1 1

Tenure:
Leasehold
Time remaining on lease:
59 years
Service charge:
£2,600 per year
Ground rent:
£100
Council tax band:
F

Utilities and more details

Property features

  • Second floor one bed apartment
  • 4.68% yield
  • Tenant in situ on an AST until August 2025
  • Tenant paying £1950 p/m
  • Separate kitchen and living room
  • Potential for a lease extension
  • Walking distance to Bayswater and Queensway Tube Stations
  • Situated just down the road from Hyde Park

Property description

This Central London, bright investment apartment located on the second floor, with lift access, is being offered to the market chain free. Currently on a mid-term lease, with approximately 60 years remaining, the flat is currently achieving a 4.68% yield with a tenant in situ who is on a standard AST paying £1950 p/m until August 2025 making it a solid rental property. Having been kept in good repair by the tenant who moved in in 2016, this flat has seen a consistent return and thanks to the potential to add value through a lease extension, this is a good opportunity to purchase secure investment just down the road from Hyde Park.

This second floor, with lift access, bright apartment in the heart of Bayswater is being offered to the market for an investor to purchase chain free. Currently on a mid-term lease, with approximately 60 years remaining, this centrally located apartment is currently achieving a 4.68% yield with a tenant in situ until August 2025 making it a solid rental property. Having been kept in good repair by the tenant who moved in in 2016, this flat has seen a consistent return and thanks to the potential to add value through a lease extension, this is a good opportunity to purchase secure investment just down the road from Hyde Park.

Situated overlooking Queensway the flat is only a short walk to Hyde Park as well as to nearby Bayswater and Queensway Tube stations. Surrounded by a plethora of excellent local independent shops, cafes and restaurants to explore and enjoy on Westbourne Grove and along Queensway, there is also a large Waitrose and newly open M&S as well as other prestigious national chains on the doorstep. The new Whitely's Development nearby continues to draw new businesses to the area whilst building on the local community growing popularity. This centrally located apartment on the edge of the park provides a fantastic base from which to venture out and experience all the capital has to offer that continues to attract tenants and owners alike.

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For more information about this property, please contact
Westways, W9 on +44 20 3463 2690 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Westways, and do not constitute property particulars. Please contact Westways 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.

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