1 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- 4 self-contained residential units
- 2 Two Bedroom Apartments 598 Sq Ft / 55.6 Sq M & 487 Sq Ft / 45.2 Sq M
- 1 Three Bedroom Apartment 973 Sq Ft / 90.4 Sq M
- 1 One Bedroom Apartment 525 Sq Ft / 48.8 Sq M
The four self-contained residential units represent the ideal rental investment mix for the area, with 2 x 2 bedroom apartments, 1 x 3 bedroom and 1 x one bedroom; three of the apartments benefit from private outside space, be it a terrace or garden. The performance of this investment is most highly rated with the managing agent reporting minimal void periods and the Gross Rental Income at £116,000 per annum representing a Gross Initial Yield of 6.62%. Current rental valuations indicate a gross rent income of £118,352, offering a potential a gross yield of 6.76%.
The property has been under the same ownership for the past 31 years and now offers a rare opportunity to buy 4 flats in one building in this letting hot spot corner of west London.
Location:
Loftus Road is an attractive wide street lined by mature trees making it one of the most attractive roads in the area with a number of tube stations under 10 minute walk. Shepherds Bush is often cited as one of the most under-valued pieces in Prime Central London, with significant upsides anticipated by virtue of its striking period architecture, high levels of footfall and close proximity to significantly more valuable residential districts such as Kensington and Holland Park. In addition, the immediate area itself benefits from a superb variety of retail destinations – both independent and national – with an eclectic mix of established restaurants and bars, as well as the landmark Westfield Shopping Centre all located within walking distance. Shepherds Bush itself boasts the active Green, Dorset Hotel chain and an accessibility across London via public transport that is almost unrivalled. For overseas travel, Heathrow is conveniently located along the A4 with good access from this particular district.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference HAM240123. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Winkworth - Shepherds Bush.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 5, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.