Block of flats for sale in West End Lane, London NW6

£1,700,000
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Block of flats for sale - 5 bedrooms

5 4

Tenure:
Freehold
Council tax band:
Not yet known - TBC

Utilities and more details

Property features

  • Over 4100sqft of usable space
  • All units in good condition
  • Rental yield of 6%
  • Prime location

Property description

A lucrative freehold investment opportunity consisting of a commercial ground floor space, a first floor office space currently empty, a tenanted one bedroom first floor flat and a spacious HMO apartment currently empty spanning the second and third floors, recently renovated and the perfect rental for a family or young professionals.

The Commercial unit has a current rental income of £42,000 per annum which is on a 20 year lease with a rent review in 2027.

The first floor office space is currently empty and the rental income is yet to be decided.

The first floor flat is currently rented out at £17,400 per annum

The top floor flat could achieve a rental of £3400/£3600 per month which is a rough yearly income of £42,000.

The total annual income equating to £101,400 which gives a gross yield of 6%

Property info
Floorplan(s): Floorplan 1 Floorplan 2 Floorplan 3

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Harding Green, NW8 on +44 20 7768 4791 * (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 Harding Green, and do not constitute property particulars. Please contact Harding Green 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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