Block of flats for sale in Harrow Road, London NW10

Fixed price £2,050,000 (£842.93/sq. ft)
Interested in this property? Call +44 20 3641 9157 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Block of flats for sale 2,432 sq. ft*

Property features

  • Comprises 5 x Studio Flats and 2 x 2-Bedroom Flats
  • Rental Income: £114,423.73 p.a.
  • Total area size of 226 sq m (2,432 sq ft)
  • Located within 9 minute walk of Willesden Station

Property description

Investment Consideration:
Gross Initial Yield: 5.57%
Rental Income: £114,244 p.a.
VAT is not applicable to this property
Comprises 5 x Studio Flats and 2 x 2-Bedroom Flats arranged over five floors.
Recently refurbished to a high standard
Total area size of 226 sq m (2,432 sq ft)
Located within 9 minute walk of Willesden Station which provides direct services to Central London and Harlesden High Street, providing quick access to a range of local shops and amenities.
Nearby occupiers include convenience store, restaurants/takeaways, butcher and many more.

Property Description:
The property comprises 5 large studio flats, a double storey 2-bedroom flat and a newly refurbished 2-bedroom garden flat arranged over five floors, providing the following accommodation and dimensions:
Basement: 58 sq m (620 sq ft)
Flat 1 - Two Bedrooms, Kitchen/Living Room, Bathroom/WC
Ground Floor:
Studio Flat 2 - 21 sq m (226 sq ft)
Studio Flat 3 - 25 sq m (269 sq ft)
First Floor:
Studio Flat 4 - 14 sq m (151 sq ft)
Studio Flat 5 - 34 sq m (366 sq ft)
Second Floor:
Studio Flat 6 - 12 sq m (129 sq ft)
Second/Third Floor: 62 sq m (668 sq ft)
Flat 7 - Two Bedrooms, Kitchen/Living Room, Bathroom/WC
Additional eaves storage of 12 sq m (129 sq ft)

Tenancy:
Flat 1 is at present let on an AST to N&N Property Management Limited for a term of 36 months from 13th January 2022 at a current rent of £19,020 per annum.
Flat 2 is at present let on an AST to an Individual for a term of 24 months from 24th August 2020 at a current rent of £15,365.40 per annum.
Flat 3 is at present let on an AST to an Individual for a term of 12 months from 17th February 2021 at a current rent of £15,365.40 per annum.
Flat 4 is at present let on an AST to an Individual for a term of 12 months from 10th June 2022 at a current rent of £15,365.40 per annum.
Flat 5 is at present let on an AST to an Individual for a term of 12 months from 17th February 2021 at a current rent of £15,365.40 per annum.
Flat 6 is at present let on an AST to an Individual for a term of 12 months from 2nd December 2020 at a current rent of £15,365.40 per annum.
Flat 7 is at present let on a lease to The Council of the London borough of Hammersmith and Fulham for a term of 36 months from 31st January 2020 at a current rent of £18,396.73 per annum. Option to determine at any time with 28 days notice.

Location:
Harlesden is an up-and-coming residential area known for its multicultural vibe, with a buzzing dining scene encompassing Caribbean, Brazilian, and Lebanese cuisines. Its busy High Street offers take-out restaurants and international grocery stores, plus the cast-iron Jubilee Clock, a late-19th-century landmark. The property is located within 9 minute walk of Willesden Station which provides direct services to Central London and Harlesden High Street, providing quick access to a range of local shops and amenities. Nearby occupiers include convenience store, restaurants/takeaways, butcher and many more.

Property info

Floorplan(s): Floor Plans

Floor Plans View original

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Blue Alpine Partners, SW1P on +44 20 3641 9157 * (local rate)

Contact Blue Alpine Partners about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

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

Properties on the market nearby

4 more properties like this

View all NW10 commercial properties for sale