- Mid-terrace Victorian house
- 1750 Sq Ft
- Currently configured with 7 bedsit
- Over 3 floors
- Gross Rental Income of £69,876 per annum
- Gross Initial Yield of 6.65%
- Ideal for a buy-to-let investment
- Opportunity to redevelop and reconfigure (STPP)
- Exceptional location between Shepherd's Bush Green and the Westfield
RESIDENTIAL INVESTMENT AND REDEVELOPMENT OPPORTUNITY.
A fantastic chance to acquire this mid-terrace Victorian house, just under 1800 sq ft in size, currently configured with 7 bedsit flats over 3 floors.
All units are currently leased under Assured Shorthold Tenancies (ASTs). The property presents an enticing investment, showcasing a combined Gross Rental Income of £69,876 per annum, resulting in a Gross Initial Yield of 6.65%. Ideal for a buy-to-let investment.
The property offers the incoming purchaser the opportunity to redevelop and reconfigure according to their own taste and specifications (subject to planning permission).
It is excellently located within walking distance to Holland Park, Notting Hill, and The house enjoys an exceptional location between Shepherd's Bush Green and the Westfield Complex. Sterne Street is within walking distance to the Central Line and Westfield Shopping Centre. Notting Hill is nearby, with the green space of Holland Park just a short walk away.
PLEASE NOTE THAT THE PROPERTY IS PRESENTLY TENANTED, AND THE TENANTS WILL CONTINUE TO OCCUPY IT UPON COMPLETION.
London Borough Of Hammersmith & Fulham, Band E
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.
Shepherd's Bush is an area of west London in the London Borough of Hammersmith and Fulham. Although it is primarily residential in character, its focus is the shopping area of Shepherd's Bush Green, with the Westfield shopping centre lying a short distance to the north. The main thoroughfares are Uxbridge Road, Goldhawk Road and Askew Road, all containing a large number of small and mostly independent shops, pubs and restaurants. The Loftus Road football stadium in Shepherd's Bush is home to Queens Park Rangers. In 2011, the population of the area was 39,724.
The district is bounded by Hammersmith to the south, Holland Park and Notting Hill to the east, Harlesden to the north and by Acton and Chiswick to the west. White City forms the northern part of Shepherd's Bush. Shepherd's Bush comprises the Shepherd's Bush Green, Askew and White City wards.