£2,900,000
(£1,318/sq. ft)
12 bed flat for saleFairholme Road, London W14
12 beds
12 baths
2,201 sq. ft
EPC Rating: C
- Freehold
Sherwoods International Properties Ltd
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About this property
Period building
12 apartments
Investment opportunity
2 min walk to West Kensington
Entire building
Freehold Building
Guest laundry
Recently Painted
The building consists of 12 self-contained studio apartments, many of which have a mezzanine bedroom separate from the main living space. Flats 5 and 8 benefit from balconies fronting onto Fairholme Road.
The building is arranged over 4 floors, with 9 of the apartments accessed from a central staircase. The 3 lower ground studios are accessed from their own separate entry door. The apartments benefit from a central communal heating and hot water system, a separate communal laundry room and the building also includes a lower ground vaulted storage area.
The apartments presently achieves £139,250.00 per annum in rent which is 4.80 % return. However, a new owner could easily achieve minimum £1,500.00 in rent per apartment per month equalling £216,000 per annum which is a 7.4% return at the asking price, if the apartments are slightly updated.
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