Walm Lane, London, NW2
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
7
- BATHROOMS
6
- SIZE
2,500 sq ft
232 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
- 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.
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.
Brochures
Brochure 1- 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.
- Permit
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- 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
Walm Lane, London, NW2
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Visit our security centre to find out moreDisclaimer - Property reference S1793171. 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 Lampards, Queens Park. 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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