icons_size_white icons_size
menu

Agent's details

London NW10 – Freehold Residential Block & Retail Ground Rent Investment

For sale: £2,400,000.00|3,886 Sq Ft|Retail, Residential, Mixed Use, Other, Other Property Types & Opportunities

Property details

FOR SALE£2,400,000.00
SIZE3,886 Sq Ft
ADDRESS4-5 Bank Buildings, High Street, London, Greater London, NW10 4LT
TYPERetail, Residential, Mixed Use, Other, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON22nd July 2022

Description

Investment Consideration:
Rental Income: £113,880p.a.
ERV: £122,304 p.a. GIY ~ 5.10%
VAT is NOT applicable to this property
Comprises 6 x Two-Bedroom Apartments and 2 x Ground Floor Retail Shops (sold-off), arranged over Ground, Lower Ground, First, Second and Third floor.
Total area size of 358 sq m (3,886 sq ft)
Located on the High Street within a 10 minute walk to Willesden Junction Station which provides direct services to Central London
Nearby occupiers include Tesco Metro, William Hill, Specsavers, Superdrug, Subway and Burger King, amongst others.

Property Description:
The property comprises 6 x Two-Bedroom Apartments and 2 x Ground Floor Retail Shops (sold-off) arranged over Ground, Lower Ground, First, Second and Third floor, providing the following accommodation and dimensions:
First Floor: Flat A 61 sq m (700 sq ft)
First Floor: Flat B 65 sq m (689 sq ft)
Second Floor: Flat C 55 sq m (592 sq ft)
Second Floor: Flat D 65 sq m (700 sq ft)
Third Floor: Flat E 62 sq m (667 sq ft)
Third Floor: Flat F 50 sq m (538 sq ft)
Ground Floor: Shop at No.4 sold-off
Ground Floor: Shop at No.5 sold-off
Total area size: 358 sq m (3,886 sq ft)

Location:
Harlesden is an up-and-coming residential area known for its multicultural vibe, with a buzzing dining scene encompassing Caribbean, Brazilian, and Lebanese cuisines. Its busy High Street offers take-out restaurants and international grocery stores, plus the cast-iron Jubilee Clock, a late-19th-century landmark. The property is located on the High Street within a 10 minute walk to Willesden Junction Station which provides direct services to Central London. Nearby occupiers include Tesco Metro, William Hill, Specsavers, Superdrug, Subway and Burger King, amongst others.

Location

marker
Location: 4-5 Bank Buildings, High Street, London, Greater London, NW10 4LT

Willesden Junction (0.3 miles)

Harlesden (0.4 miles)

North Acton (1.1 miles)

Willesden Junction (0.3 miles)

Harlesden (0.4 miles)

Kensal Green (1.1 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here