Property for sale

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Property for sale

Willesden Lane, Kilburn, London, NW6 7SX
£975,000

Price History

Initial price £1,200,000
11/09/24 £975,000
Price Change -18.75%

Description

For sale through online bidding, this is a unique opportunity to acquire a freehold residential and ground rent investment comprising 7 self-contained studio flats. The property is currently on a 10-year lease from June 2022 to a housing association, generating a £100,900 annual income with no maintenance liability, resulting in a net yield of 7.75%. Early viewing is recommended, and potential buyers can initially negotiate through a virtual tour, as the property has not been inspected.