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5 bedroom house for sale
Llanover Road, Wembley, London, HA9 7LW
£575,000
Llanover Road, Wembley, London, HA9 7LW
£575,000
Price History
Initial price | £640,000 |
12/09/24 | £575,000 |
Price Change | -10.16% |
Description
This freehold property, located on Llanover Road in Wembley, is a residential investment opportunity comprising an end of terrace house arranged to provide five self-contained studio flats. The property is currently on a 10-year lease with a housing association, generating an annual income of £60,000 and providing a net yield of 8.57%. The lease has a 5-year break clause, providing flexibility for the buyer. The property benefits from excellent transport links, including North Wembley tube station and Wembley Stadium train station, and is close to local shops, amenities, and open spaces. The property is rated D for energy efficiency and has a total combined GIA of approximately 1,227 sq ft. This investment opportunity offers a stable income stream and potential for capital growth.