OIEO £500,000 Available
  • Mid terrace building
  • 3 self-contained flats
  • 1 x 2 bedroom flat subject to AST
  • 2 x 1 bedroom flat sold off on a long lease
  • Freehold
  • BUY TO LET INVESTMENT
  • Monthly rental rate of £2,050 (£24,600 per annum)
  • Ground rent income of £500 per annum
  • 10 minutes from Hammersmith Broadway Train Station: District Line, Piccadilly Line, Ham & City Line.
  • Conveniently located for the amenities and services of both the Lillie Road, Munster Road

BUY TO LET INVESTMENT: A mid-terrace freehold building consisting of three self-contained flats, conveniently situated near the green spaces of Lillie Road Recreation Ground.

The property comprises a 2 bedrooms flat on the lower ground and ground floor, currently subject to an Assured Shorthold Tenancy initiated on May 25, 2023, with a monthly rental rate of £2,050 (£24,600 per annum). Additionally, there are two 1 bedroom flats on the first and second floors, which have been sold off on a long lease, generating a ground rent income of £500 per annum, resulting in a Gross Initial Yield of 5%.

TWO BEDROOM FLAT: The accommodation features a bright and spacious reception room with a access private patio, offering an excellent living and entertainment space, a separate fitted kitchen with integrated appliances on the lower ground floor. The upper ground floor includes two bedrooms and a modern tiled bathroom, complemented by a private patio garden.

The location is advantageous, offering proximity to the amenities and services of Lillie Road, Munster Road, and Fulham Palace Road. It is conveniently located 10 minutes away from Hammersmith Broadway Train Station, providing access to the District Line, Piccadilly Line, and Hammersmith & City Line.

It's important to note that the property is currently tenanted, and the existing tenants will continue to occupy it upon completion. As a noteworthy detail, the owners and successors in title, as part of the planning permission conditions, are not entitled to residents' parking permits.

TENURE: Freehold



Council Tax
London Borough Of Hammersmith & Fulham, Band D

Service Charge
£710.63 Yearly

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Floor Plan
EER Chart

The Energy-Efficiency Rating is a measure of a home's overall efficiency. The higher the rating, the more energy-efficient the home is, and the lower the fuel bills are likely to be.


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