Map7 bedroom house for sale
Willesden Lane, London NW6
Virtual tour
House
7 beds
7 baths
150 sq ft / 14 sq m
EPC rating: D
Key information
Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Freehold
Video tours
*For sale via secure sale online bidding: terms and conditions apply.*
A superb Freehold Residential and Ground Rent Investment 7 self-contained studio flats. Currently on a 10 year lease from June 2022 to a housing association. This provides £100,800 per annum income with NO MAINTENANCE liability, providing an excellent net yield.
View the virtual tour first, although there have been improvements since it was filmed. Early viewing / negotiation is recommended.
A Freehold Residential and Ground Rent Investment Comprising a Shop (Sold off on a Long Lease) and Seven Self-Contained Studio Flats. When Fully Let on Nightly Rents the Total Combined Income is £126,560.10 Per Annum.
Description - The property comprises a mid terrace building arranged to provide a ground floor shop and seven self contained studio flats on the two upper floors with a total combined GIA of approximately 1,799 sq ft.
Tenure - Freehold
Location - The property is situated on Willesden Lane to local shops and amenities. The open space of Kilburn Grange Park is within easy reach. Transport links are provided by Kilburn underground station (Jubilee line) and Kilburn High Road rail station.
Exterior - The property benefits from a rear garden and a terrace at the second floor.
Tenancy - The seven self-contained flats are currently let on a nightly basis with an income of £126,560.10 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 £98,632 per annum. The rent would increase each year in line with the RPI and there is no break clause.
Accommodation - Ground FloorCommercial unit (sold off on a 999 year lease), 2 x studio flats with en-suites
First Floor3 x studio flats with en-suites
Second Floor2 x studio flats both with en-suites and balcony.
A superb Freehold Residential and Ground Rent Investment 7 self-contained studio flats. Currently on a 10 year lease from June 2022 to a housing association. This provides £100,800 per annum income with NO MAINTENANCE liability, providing an excellent net yield.
View the virtual tour first, although there have been improvements since it was filmed. Early viewing / negotiation is recommended.
A Freehold Residential and Ground Rent Investment Comprising a Shop (Sold off on a Long Lease) and Seven Self-Contained Studio Flats. When Fully Let on Nightly Rents the Total Combined Income is £126,560.10 Per Annum.
Description - The property comprises a mid terrace building arranged to provide a ground floor shop and seven self contained studio flats on the two upper floors with a total combined GIA of approximately 1,799 sq ft.
Tenure - Freehold
Location - The property is situated on Willesden Lane to local shops and amenities. The open space of Kilburn Grange Park is within easy reach. Transport links are provided by Kilburn underground station (Jubilee line) and Kilburn High Road rail station.
Exterior - The property benefits from a rear garden and a terrace at the second floor.
Tenancy - The seven self-contained flats are currently let on a nightly basis with an income of £126,560.10 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 £98,632 per annum. The rent would increase each year in line with the RPI and there is no break clause.
Accommodation - Ground FloorCommercial unit (sold off on a 999 year lease), 2 x studio flats with en-suites
First Floor3 x studio flats with en-suites
Second Floor2 x studio flats both with en-suites and balcony.
Property information from this agent
About this agent
As a family run business with a long-standing history within the local community, the local area of South East Surrey really is our specialist subject here at Thomas & May. Not only have we served the community as estate agents since 1997, we’ve also lived and worked in the area for in excess of 30 years. Our children attend(ed) the local schools and colleges, we shop and dine out locally, we’ve experienced all that the local area has to offer.
Similar properties
Discover similar properties nearby in a single step.
