Property for sale in Llanover Road, Wembley, London HA9

£1,200,000
Property for sale - 5 bedrooms 5
Interested in this property? Call +44 1737 483601 * or Request Details

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Property features

  • Excellent refurbishment or conversion opportunity
  • Within walking distance to Willesden Green station
  • Off street parking
  • Potential ability to extend

Property description

A Residential Investment Comprising an End of Terrace Building Arranged to Provide Five Self-Contained Studio Flats. When Fully Let on Nightly Rents the Total Combined Income is £105,120 Per Annum
description
The property comprises an end of terrace house over ground and first floors internally arranged to provide five self-contained studio flats with a total combined gia of approximately 1,227 sq ft.

Tenure
Freehold

location
The property is situated on a residential road close to local shops and amenities. The open spaces of King Edward VII Park are within easy reach. Transport links are provided by North Wembley underground station (Bakerloo line) and North Wembley rail station.

Tenancy
The five self-contained flats are currently let on a nightly basis with an income of £105,120 per annum (assuming full occupancy each night). There is an option to let the building on a single rpi lease to a housing association for a term of 10 years commencing September 2021 at a rent of £81,923 per annum. The rent increases each year in line with the rpi and there is no break clause.

Accommodation
Ground 3 x studio flats with en-suites, communal kitchen
First 2 x studio flats with en-suites, communal kitchen

Property info

Floorplan(s): Floorplan 1 Floorplan 2

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For more information about this property, please contact
Thomas & May, Surrey, RH1 on +44 1737 483601 * (local rate)

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Disclaimer

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