St. Johns Avenue, London NW10

£525,000

Guide price

  • Bedrooms: 1
**freehold investment with A newly renovated one bedroom flat** A fantastic opportunity to purchase an investment with a yield of 6% in a popular residential location in Harlesden. The building is producing a total income of £31,600 per annum, with the ground floor shop providing £17,200 pa and the flat above at £14,400 pa (£1,200 per month). This is a ready to go investment for a buyer in a position to proceed right away.

The original lease granted for the shop was for 16 years from 17th March 2008 and has four years remaining with a rent review recently due. The one-bedroom flat is accessed via the rear garden with stairs leading to the first floor. Internally the property is spacious with a separate kitchen and spacious rooms throughout. The flat has been fully renovated and has been recently rented on a 12 month tenancy at £1,200 per month rent, making this a great investment overall.

Arrange viewing 01305 458160

Red House - Portland

89-91 Fortuneswell, Portland, Dorset

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