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Block of flats for sale in Portnall Road, London

Investment

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Block of flats for sale

950 sq. ft*

Property features

Investment Opportunity
Top floor three bedroom flat
Current rent is £33,600 pa
Erv to be currently £36,000 pa
Currently tenanted
Close to Queens Park and Little Venice

Property description

This top floor three bedroom flat is ideally located close to Queens Park and Little Venice. The property has open-plan living/reception room, three bedrooms, two bathrooms, and is presented in good condition throughout.

Current rent is £33,600 pa which is a 4.57% gross yield from the asking price, and we estimate the erv to be currently £36,000 pa. The current tenancy can be ended in June 2024. The property is being offered at £789 per square foot which offers excellent value for the area. The estimated value of the apartment if sold on the open market is £800,000 to £850,000.

The apartment has a 125 year lease from 2017, with a £300 pa ground rent charge.

Property info

Energy Performance Certificate (EPC)

Floorplan(s): Floor Plan

Floor Plan View original

View Floorplan 1(Opens in a new window)

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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

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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 Dexters - Development and Investments London, and do not constitute property particulars. Please contact Dexters - Development and Investments London 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.