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60 Coningham Road, London, W12

PROPERTY TYPE

Block of Apartments

BEDROOMS

4

SIZE

2,561 sq ft

238 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Comprises mid-terrace block of 4 self-contained flats, which have been sold-off on long leaseholds
  • *Each flat currently pays £150 p.a. ground rent (£600 p.a. total).
  • Fixed rental increase to £1,200 p.a. in 2027, £2,400 p.a. in 2052 and £4,800 p.a. in 2077.
  • Vendor will top up rent, so the buyer receives the 2027 fixed rental increase on each flat from completion (£1,200 p.a. in total)

Description

Investment Consideration:
Gross Initial Yield: 4.00%
Rental Income: £1,200 p.a.*
VAT is NOT applicable to this property
Comprises mid-terrace block of 4 self-contained flats, which have been sold-off on long leaseholds
*Each flat currently pays £150 p.a. ground rent (£600 p.a. total). Fixed rental increase to £1,200 p.a. in 2027, £2,400 p.a. in 2052 and £4,800 p.a. in 2077. Vendor will top up rent, so the buyer receives the 2027 fixed rental increase on each flat from completion (£1,200 p.a. in total)
Situated within 5 min walk from Shepherd`s Bush Underground Station and High Street.

Property Description:
The property comprises mid-terrace block of 4 self-contained flats, which have been sold-off on long leaseholds, providing the following accommodation and dimensions:
Basement: 1-Bed Flat 62 sq m (667 sq ft)
Ground Floor: 1-Bed Flat 62 sq m (667 sq ft)
First Floor: 1-Bed Flat 62 sq m (667 sq ft)
Second Floor: 1-Bed Flat 52 sq m (560 sq ft)

Tenancy:
Each flat has been sold off on long leasehold for a term of 125 Years from 25th December 2002 at a ground rent of £150 p.a. each. Fixed rental increase per flat to £300 p.a. in 2027, £600 p.a. in 2052 and £1,200 p.a. in 2077 until the remainder of the term. Reversion 2127.

*Vendor will top up rent, so the buyer receives the 2027 fixed rental increase on each flat from completion (£1,200 p.a. in total)

Location:
The property is situated on a quiet residential street, within 5 min walk from Shepherd`s Bush Underground Station and High Street, with retail occupiers including Shepherd`s Bush Market, Café Nero, Starbucks, Greggs, McDonalds, Sainsbury`s, KFC and many more.

Brochures

Property Particulars

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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60 Coningham Road, London, W12

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Goldhawk Road Station0.3 miles
  • Shepherd's Bush (Hammersmith & City) Station0.4 miles
  • Wood Lane Station0.6 miles
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About the agent

Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a

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