Initial price	£450,000
11/09/24	£400,000
Price Change	-11.11%

This property is a residential investment opportunity in Kilburn, London, comprising five self-contained studio flats over two floors, with a total gross internal area of approximately 1,264 square feet. The flats have their own rear entrance and are currently let on a nightly basis, generating a combined income of £77,740 per annum. The property is held on a 99-year lease from 1992, with approximately 68 years remaining, and a section 42 notice to extend the lease will be served prior to completion. The location is convenient for local shops and amenities, with Kilburn underground station and rail station nearby, offering easy access to the city.