For Sale
£1,695,000

Walm Lane, London, NW2

  • Ref: 1368728
  • Type: House
  • Availability: For Sale
  • Bedrooms: 7
  • Bathrooms: 6
  • Reception Rooms: 3
  • Tenure: Freehold
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Key Features

  • Income exceeding £8,680 per calendar month.
  • Over £104,160 per annum.
  • Circa 6% yield with scope to enhance returns.
  • Freehold semi detached building.
  • Arranged as six self contained flats.
  • Three studios with separate kitchens.
  • Two one bedroom flats and one two bedroom flat.
  • Separate council tax assessments and utilities.
  • Six minute walk to Willesden Green station.
  • Prime Zone 2 location with strong tenant demand.


Full property description


Walm Lane, NW2
Prime Freehold Investment Opportunity

An excellent opportunity to acquire a substantial semi detached period building arranged as six self contained flats in a highly sought after NW2 location, just a six minute walk to Willesden Green station.

The property comprises:

Three studio flats with separate kitchens
Two one bedroom flats
One two bedroom flat
The building has been held in long term ownership and professionally operated, with each unit benefiting from separate council tax assessments and individual utility arrangements. A purchaser can therefore continue letting immediately with minimal transition.

The property currently generates in excess of £8,680 per calendar month, equating to over £104,160 per annum, representing a circa 6% yield at the asking level. There is scope to increase the rental income further, subject to market conditions.

Positioned on Walm Lane, moments from shops, cafés and local amenities, and with fast Jubilee Line connections into Central London, the building benefits from consistently strong tenant demand.

A rare opportunity to secure a well configured, income producing freehold asset in a prime Zone 2 location.



floorplan

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Lampards
4a Lonsdale Road
Queens Park
NW6 6RD
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