Flat for sale in North London Hotel Rooms, Wellington Road, London NW8

£149,995
Interested in this property? Call +44 20 8033 7635 * or Request Details

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Flat for sale - 1 bedroom

1 1 1

Tenure:
Leasehold
Time remaining on lease:
Not available
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Property features

  • Located in London
  • 7% Net Rental Income
  • Close to Amenities
  • High Occupancy Rates
  • Experienced Management Company

Property description

For Investment Purposes Only

North London Hotel Room Investment Opportunity

These stunning rooms are part of an exciting new UK hotel investment in the city of London. These hotel rooms offer individual investors an excellent opportunity to enter the lucrative hotel sector at an accessible level.

Investment Overview

" Located in London
" 7% Net Rental Income
" Close to Amenities
" Excellent Transport Links
" High Occupancy Rates
" Experienced Management Company

2018 Outlook for UK Hotel Investment

The UK hotel sector performed well in 2017 with a weakened sterling, growth in staycations and improved infrastructure; investment levels exceeded those of 2016. Both jll and Savills reported an increase in hotel transactions for 2017 with Savills forecasting that annual UK hotel investment volumes will reach £5.1bn by the end of the year, 25% up on what they believed to have been the 2016 total of £4bn.

Looking ahead to 2018 and the outlook is equally bright. Cbre's 2018 Market Outlook expects the UK property sector to continue to perform solidly with the so-called "beds sector" which includes hotels, weathering any uncertainty well.

This sentiment is echoes by Colliers International who view hotels as an "attractive and popular" investment opportunity despite Brexit uncertainty. A weaker sterling is expected to attract even more international buyer to UK hotels over the next 12 months, especially those located in the provinces, over the next 12 months.

Key Benefits

" High Rental Yields & Strong Capital Growth
" Completely Passive & Fully Managed
" Consistently Successful Property Sector

A hotel investment is totally hands-free, easy to calculate for tax purposes and can even be added to a sipp for an extra layer of tax relief.

All pictures shown are for illustration purposes only

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Floorplan(s): Floorplan 1

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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 Alesco Investment Properties, and do not constitute property particulars. Please contact Alesco Investment Properties 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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