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Floor Plan
Floor Plan
EPC

Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page

A

Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page

Freehold

Features

  • Excellent refurbishment or conversion opportunity
  • Within walking distance to Willesden Green station
  • Off street parking
  • Potential ability to extend

Nearest Stations

  • North Wembley Underground Station - 0.1 miles
  • North Wembley Rail Station - 0.1 miles
  • South Kenton Rail Station - 0.6 miles
  • South Kenton Underground Station - 0.6 miles
  • Wembley Central Underground Station - 0.7 miles

*For sale via secure sale online bidding: terms and conditions apply.*
VIEWING OPEN HOUSE THURSDAY 4th JULY 4PM - 4.30PM

The subject 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
neighbourhoods of Alperton, North Wembley, Preston, Sudbury, Tokyngton 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 on a 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
Available upon request (rating 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

Property Ref: MERSP201017

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