A Freehold Residential Investment Comprising a Mid Terrace House Internally Arranged to Provide Eight Self-Contained Studio Flats. Fully Let on a 10 Year Lease to a Housing Association Producing £115,200 Per Annum.
The property comprises a mid terrace house over ground and three upper floors internally arranged to provide eight self-contained studio flats with a total combined GIA of approximately 1,727 sq ft.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Kilburn Grange Park are within easy reach. Transport links are provided by Kilburn underground station (Jubilee line) and Kilburn High Road rail station.
Tenancy
The eight self-contained flats are let on a single lease to a housing association for a term of 10 years commencing June 2022 at a rent of £115,200 per annum.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.