ROI = 23% BMV = 16.84%
Description

Great Residential Investment and Redevelopment Opportunity. This is a great investment opportunity to acquire a semi-detached house, just under 1,200 sq ft, offering immense potential for redevelopment and reconfiguration to suit the buyer`s personal taste and specifications (subject to planning permission, STPP). Currently arranged as four self-contained studio units, the property includes two ground-floor studios, a large shared kitchen/diner with access to a spacious rear garden, and two additional studios on the first floor. Key benefits include off-street parking for two vehicles and a mix of tenancies two units leased under Assured Shorthold Tenancies (ASTs), while the remaining two are vacant. The estimated rental value (ERV) is between £55,000 and £60,000 per annum, delivering an attractive Gross Initial Yield of 7.33% to 8%, making this a highly lucrative buy-to-let investment. There is additional potential to extend both to the rear and into the airspace (subject to the necessary consents), offering the possibility of converting the property into either two larger flats or a spacious family home. Please note: the property is currently tenanted, and the tenants will remain in place upon completion. Conveniently located near local shops, schools, and well-connected transport links, including Westfield shopping center and East Acton Station (Central Line, Zone 2). what3words /// pump.purely.blend Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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Property Details
  • Property ID: 155439296
  • Added On: 2024-11-28
  • Deal Type: For Sale
  • Property Price: £750,000
  • Bedrooms: 4
  • Bathrooms: 1.00
Amenities
  • Semi Detached House
  • Currently arranged as 4 self-contained studios
  • Large rear garden
  • Off Street Parking for Two Vehicles
  • Potential to converted back in to a large family home (STPP)
  • Potential to extend at the rear and up in the air space (STPP)
  • Potential to converted in to 2 separate flats (STPP)
  • Short walk to East Acton Station (Central Line zone 2)
  • Ideal for a buy-to-let investment