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No longer on the market

This property is no longer on the market

Property

Auction
Sold STC
Property
1000
EPC rating: D
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent

Features and description

  • Superb residential and ground rent investment
  • Freehold title
  • 7 self-contained studio flats
  • Provides £100,900 per annum income
  • Net yield of 7.75%
  • Early viewing by Virtual Tour

Video tours

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this superb freehold residential and ground rent investment 7 self-contained studio flats. Currently on a 10 year lease from June 2022 to a housing association. This provides £100,900 per annum income with NO MAINTENANCE liability. providing a net yield of 7.75%.

Early viewing by Virtual Tour and negotiation is recommended initially.

Please note we have not inspected this property.

Rooms

Location
The subject property is located along Willesden Lane, Kilburn. This is an ideal location as it close to everything you could possibly need from shops to fast food to schools everything is within close walking distance. There is also lots of public transportation available in the area including busses and tubes.

Accommodation
Superb freehold residential and ground rent investment 7 self-contained studio flats.

Tenure
Freehold. Title number MX426125.

Council Tax
All flats band A.

EPC
All available upon request Flats 1, 2, 4 & 5: 62 rating C. Flat 3, 6 & 7: rating D.

Visit agent website

About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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