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Flats at 96 Churchfield Road, London W3 6DH & Flats at North Circular Road, London NW2 7QD

INCOME PRODUCING RESIDENTIAL PORTFOLIO
For sale
  • An opportunity to purchase an income-producing portfolio comprising seven self contained flats in North and West London.
  • The portfolio is split across two properties – Churchfield Road, Acton and North Circular Road, Neasden.
  • Both properties benefit from excellent transport links with Churchfield Road being close by to Acton Town, Ealing Common Underground, (Piccadilly & District lines) and Acton Central railway (Overground) stations. Likewise, the five flats at 451-453 North Circular Road are only a short distance from Neasden and Dollis Hill Underground (Jubilee) stations.
  • The seven flats are arranged as follows:
    • Churchfield Road, Acton – Two self contained flats above commercial premises and arranged as 1 x Studio and 1 x 1 bed totalling 621ft2.
    • North Circular Road, Neasden – Five self contained flats above commercial premises and arranged 1 x Studio, 2 x 1 bed and 2 x 2 bed totalling 2,004ft2.
  • The portfolio is fully let on ASTs producing an income of £69,852pa with all tenancies “holding over”.
  • The flats are available to purchase on individual long leasehold interests with each lease benefitting from a term in excess of 105 years.
  • EPCS are available and range from C-E.
  • We are instructed to seek offers in excess of £1,000,000 (One Million Pounds) subject to contract which equates to a gross yield of 6.99%.
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