Development Opportunity in West End Lane, London NW6

Photography

Key Details

Bedrooms: None
Bathrooms: None
Reception Rooms: None
Floor Area: 4121 sq ft
EPC Rating: None
Tenure: Freehold
Parking: No
Lift: No
Outside Space: No

Description

A lucrative freehold investment opportunity consisting of a commercial ground floor space, a first floor office space currently empty, a tenanted one bedroom first floor flat and a spacious HMO apartment currently empty spanning the second and third floors, recently renovated and the perfect rental for a family or young professionals. The Commercial unit has a current rental income of £42,000 per annum which is on a 20 year lease with a rent review in 2027. The first floor office space is currently empty and the rental income is yet to be decided. The first floor flat is currently rented out at £17,400 per annum. The top floor flat could achieve a rental of £3400/£3600 per month which is a rough yearly income of £42,000. The total annual income equating to £101,400 which gives a gross yield of 6%.

Accommodation

1 X 1 Bedroom Flat : 1 X 4 Bedroom Flat : 1 X Commercial Unit : 1 X Office

Agent Contact

Harding Green

Telephone: +442033751970
Email: support@hardinggreen.com