Investment Properties: 5 Howard Road, London, NW2 6DS & 8 Oaklands Road, London, NW2 6DP

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5 Howard Road, London, NW2 6DS & 8 Oaklands Road, London, NW2 6DP

May be purchased collectively - OIEO £2,150,000 subject to contract - Freehold

 

5 Howard Road, London, NW2 6DS

  • The property is located on a quiet residential road close to Cricklewood Broadway and only a 6 minute walk to Cricklewood Overground Station and a 12 minute walk to Willesden Green Underground Station (Jubilee Line). 
  • The property is arranged as 6 self-contained studios over ground, first and second floors. 
  • NIA - 1,406 sq ft / 131 sq m.
  • GIA - 1,635 sq ft / 152 sq m.
  • Rental income - The studios are fully let and earn a rental income of £80,666 pa. 
  • Tenure - Freehold. 
  • OIEO £1,000,000 subject to contract. This reflects an 8% gross yield with a capital value of £611 per sq ft.

8 Oaklands Road, London, NW2 6DP

  • The property is located on a quiet residential road directly off Cricklewood Broadway and only a 5 minute walk to Cricklewood Overground Station and a 13 minute walk to Willesden Green Underground Station (Jubilee Line). 
  • The property is arranged as 7 refurbished, self-contained studios each with ensuite facilities over ground, first and second floor. 
  • NIA - 1,642 sq ft / 153 sq m.
  • GIA - 1,883 sq ft / 175 sq m. 
  • Rental income - The studios are fully let and earn a rental income of £94,486 pa. 
  • Tenure - Freehold. 
  • OIEO £1,150,000 subject to contract. This reflects an 8.2% gross yield with a capital value of £610 per sq ft.