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10 bedroom property with land for sale

18, Iron Bridge Close, Brent, London, 18, Iron Bridge Close, Brent, London, NW10
Plot
10 beds
10 baths
Added > 14 days

Key information

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Features and description

A unique opportunity to acquire a purpose-built residential block comprising ten self-contained flats, with approved planning consent for the addition of two further units—offering significant scope for long-term value enhancement with strong yield.

The existing accommodation spans two storeys and includes nine one-bedroom apartments and one two-bedroom apartment, all arranged in a clear and efficient layout. The building is of traditional brick construction with pitched tiled roofing and double-glazed uPVC windows. Each unit benefits from fitted kitchens, bathrooms, and independent utility metering. Access is via a secure communal entrance, with allocated parking provided at the front of the property.
Strategically located in a well-connected neighbourhood, the property enjoys excellent transport links via the Bakerloo Line, Jubilee Line, and London Overground, with Wembley Stadium and London Designer Outlet just a short walk away. The area is undergoing substantial regeneration, including the Old Oak Common HS2 interchange, further enhancing its appeal and growth prospects.

Planning permission has been granted for the construction of two additional three-bedroom units, with initial works already underway. This presents a compelling opportunity to increase rental income and capital value.

Combining stable, government-backed rental income with clear development upside, this asset offers a strong balance of security and growth potential—making it a standout proposition in the current market.

Current rental income: £219,000 per annum
Projected rental uplift: +£60,000 per annum once new flats are completed
Future total income: £279,000 per annum
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About this agent

Druce - Kensal Rise
Druce - Kensal Rise
35 Chamberlayne Road London NW10 3JE
020 4559 0162
Full profileProperty listings
Since 1822, @Druce has been putting its clients first. Today, we’re transcending the conventional real estate business model with our groundbreaking platform: we deliver a full range of services to handle everything from asset acquisition to management, all accessible either online or in-branch. Customers come to us for our attention to detail, and because we make buying, selling, renting or letting seamless, effortless and enjoyable.
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