£700,000
5 bed property for saleLlanover Road, Wembley, London HA9
5 beds
5 baths
EPC Rating: D
- Freehold
Thomas & May, Surrey
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About this property
Excellent refurbishment or conversion opportunity
Within walking distance to Willesden Green station
Off street parking
Potential ability to extend
The end of terrace property is located along Llanover Road, a mostly residential area in Wembley. The property benefits from amazing transport links such as North Wembley tube station and Wembley Stadium train station providing easy access to other areas and central London, there is also the Aroma Lounge restaurant located on this street.
Wembley is a large suburb in north-west London, 8 miles northwest of Charing Cross. It includes the
neighborhoods of Alperton, North Wembley, Preston, Sudbury and Wembley Park.
Accommodation
Superb freehold residential investment comprising an end of terrace house arranged to provide 5 self-contained studio flats.
Lease Details
The property is currently leased on 10 year lease with a 5 year break clause from June 2022, to a housing association. This provides £60,000 per annum income with no maintenance liability and provides a net yield of 8.57%.
Tenure
Freehold. Title number MX28876.
Council Tax
All flats band A.
EPC D)
A Residential Investment Comprising an End of Terrace Building Arranged to Provide Five Self-Contained Studio Flats. The property is leased to a Housing Association at around £60,000 per annum.
Description
The property comprises an end of terrace house over ground and first floors internally arranged to provide five self-contained studio flats with a total combined gia of approximately 1,227 sq ft.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of King Edward VII Park are within easy reach. Transport links are provided by North Wembley underground station (Bakerloo line) and North Wembley rail station.
Tenancy
The seller has signed a 10 years lease with an annual rent of around £60,000. There is a 5 year break-clause.
Accommodation
Ground3 x studio flats with en-suites, communal kitchen
First2 x studio flats with en-suites, communal kitchen
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