31 Noel Road, London, W3 0JD
- PROPERTY TYPE
House
- SIZE
2,788 sq ft
259 sq m
- TENUREDescribes 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
- Rare opportunity to acquire a fully refurbished residential investment in the heart of Ealing
- The property comprises 12 modern self-contained studios, spanning 2,788 sq ft (GIA) over three floors, with a rear garden and front parking area
- There is potential for addition massing to increase the overall floor area of the site to the rear (STPP)
- New 5-year lease to Stef & Philips Limited, generating £170,000 per annum with no break clauses and upwards only rent reviews
- Secured against the undoubted covenant strength of Stef & Philips Limited with a £50m turnover and have a portfolio of over £600m currently in management
- Prime location, just a 6-minute walk from Acton Mainline Station (Elizabeth Line), providing direct links into Central London
- Offers invited in excess of £2,250,000 (stc) for the freehold interest reflecting a gross yield of 7.5%
Description
This three-storey freehold residential investment measuring 2,788 sqft (GIA), which has recently undergone an extensive refurbishment, delivering 12 high-quality self-contained studio units with modern interior, all equipped with private WC facilities and a kitchenette. The layout consists of five units on the ground floor, five on the first floor, and two on the top floor, all of similar size.
Externally, the property features a spacious rear garden accessible to all tenants, as well as off-street parking at the front.
The property is fully let to Stef & Phillips on a secure 5-year lease with no break clauses, expiring in 2030, generating an annual rental income of £170,000, with upward-only rent reviews in place.
Stef & Philips Limited is a well-established provider of high-quality residential accommodation across the UK, specialising in housing solutions for local authorities and housing associations. The company has built a strong reputation for delivering and managing residential properties, ensuring long-term stability for landlords and investors. With an annual turnover of £50 million and a net balance sheet exceeding £5 million, Stef & Philips demonstrates a strong financial standing, reinforcing their ability to meet rental commitments.
Location
31 Noel Road is located in in the affluent borough of Ealing, West London, an area benefiting from excellent transport links. The property is within easy reach of Acton Main Line (Elizabeth Line), providing direct access to Central London and Heathrow. Acton Central (Overground), North Acton (Central Line), and Acton Town (Piccadilly & District Lines) are also nearby.
The area offers a mix of independent cafés, restaurants, and major supermarkets, with Westfield London a short distance away. Green spaces such as Acton Park and Gunnersbury Park provide recreational opportunities, while the A40 and North Circular ensure quick road connections.
Brochures
Brochure- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
31 Noel Road, London, W3 0JD
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Visit our security centre to find out moreDisclaimer - Property reference 290748-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Robert Irving Burns, Robert Irving Burns. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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