No longer on the market
This property is no longer on the market
MapHouse
House
2788
EPC rating: C
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Rare opportunity to acquire a fully refurbished residential investment in the heart of Ealing
- The property comprises 12 modern self-contained studios, spanning 2,788 sq ft (GIA) over three floors, with a rear garden and front parking area
- There is potential for addition massing to increase the overall floor area of the site to the rear (STPP)
- New 5-year lease to Stef & Philips Limited, generating £170,000 per annum with no break clauses and upwards only rent reviews
- Secured against the undoubted covenant strength of Stef & Philips Limited with a £50m turnover and have a portfolio of over £600m currently in management
- Prime location, just a 6-minute walk from Acton Mainline Station (Elizabeth Line), providing direct links into Central London
- Offers invited in excess of £2,250,000 (stc) for the freehold interest reflecting a gross yield of 7.5%
Description
This three-storey freehold residential investment measuring 2,788 sqft (GIA), which has recently undergone an extensive refurbishment, delivering 12 high-quality self-contained studio units with modern interior, all equipped with private WC facilities and a kitchenette. The layout consists of five units on the ground floor, five on the first floor, and two on the top floor, all of similar size.
Externally, the property features a spacious rear garden accessible to all tenants, as well as off-street parking at the front.
The property is fully let to Stef & Phillips on a secure 5-year lease with no break clauses, expiring in 2030, generating an annual rental income of £170,000, with upward-only rent reviews in place.
Stef & Philips Limited is a well-established provider of high-quality residential accommodation across the UK, specialising in housing solutions for local authorities and housing associations. The company has built a strong reputation for delivering and managing residential properties, ensuring long-term stability for landlords and investors. With an annual turnover of £50 million and a net balance sheet exceeding £5 million, Stef & Philips demonstrates a strong financial standing, reinforcing their ability to meet rental commitments.
Location
31 Noel Road is located in in the affluent borough of Ealing, West London, an area benefiting from excellent transport links. The property is within easy reach of Acton Main Line (Elizabeth Line), providing direct access to Central London and Heathrow. Acton Central (Overground), North Acton (Central Line), and Acton Town (Piccadilly & District Lines) are also nearby.
The area offers a mix of independent cafés, restaurants, and major supermarkets, with Westfield London a short distance away. Green spaces such as Acton Park and Gunnersbury Park provide recreational opportunities, while the A40 and North Circular ensure quick road connections.
This three-storey freehold residential investment measuring 2,788 sqft (GIA), which has recently undergone an extensive refurbishment, delivering 12 high-quality self-contained studio units with modern interior, all equipped with private WC facilities and a kitchenette. The layout consists of five units on the ground floor, five on the first floor, and two on the top floor, all of similar size.
Externally, the property features a spacious rear garden accessible to all tenants, as well as off-street parking at the front.
The property is fully let to Stef & Phillips on a secure 5-year lease with no break clauses, expiring in 2030, generating an annual rental income of £170,000, with upward-only rent reviews in place.
Stef & Philips Limited is a well-established provider of high-quality residential accommodation across the UK, specialising in housing solutions for local authorities and housing associations. The company has built a strong reputation for delivering and managing residential properties, ensuring long-term stability for landlords and investors. With an annual turnover of £50 million and a net balance sheet exceeding £5 million, Stef & Philips demonstrates a strong financial standing, reinforcing their ability to meet rental commitments.
Location
31 Noel Road is located in in the affluent borough of Ealing, West London, an area benefiting from excellent transport links. The property is within easy reach of Acton Main Line (Elizabeth Line), providing direct access to Central London and Heathrow. Acton Central (Overground), North Acton (Central Line), and Acton Town (Piccadilly & District Lines) are also nearby.
The area offers a mix of independent cafés, restaurants, and major supermarkets, with Westfield London a short distance away. Green spaces such as Acton Park and Gunnersbury Park provide recreational opportunities, while the A40 and North Circular ensure quick road connections.
Property information from this agent
About this agent
Robert Irving Burns - Commercial
Robert Irving Burns, Ground Floor,
19 Margaret Street, London,
W1W 8RR
020 8033 7560Commercial Property Agents in London Whether you want to lease your commercial property, or find the right premises to rent, we can help. RIB’s industry insight and expertise guarantee a smooth, seamless process; from marketing and letting, to acquiring the ideal property. Our commercial letting services include both property disposal and property acquisition. We also have a wide selection of London offices, which are available to rent. We work with investors, developers, tenants and property owners alike, assisting with everything from finding great premises, to marketing and letting the property to the ideal business. Commercial property disposal in London can be complex, and finding a suitable tenant is always a top priority. We help with every aspect of this process, including marketing, negotiations, and liaising with solicitors and professional advisors. Our commercial property acquisition service helps tenants find the perfect place to run their business. From negotiating contracts to carrying out an audit of available properties, our team are here to offer support and guidance. And, if you’re searching for offices to rent in London, in areas such as Fitzrovia, Mayfair, Marylebone and Soho, we’ve got some excellent premises for you to choose from. Read on to find out how we can help you.