Flat for sale in Fairholme Road, London W14
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Property features
- Period building
- 12 apartments
- Investment opportunity
- 2 min walk to West Kensington
- Entire building
- Apartments newly decorated
- Guest laundry
Property description
The building consists of 12 self-contained studio apartments, many of which have a mezzanine bedroom separate from the main living space. Flats 5 and 8 benefit from balconies fronting onto Fairholme Road.
The building is arranged over 4 floors, with 9 of the apartments accessed from a central staircase. The 3 lower ground studios are accessed from their own separate entry door. The apartments benefit from a central communal heating and hot water system, a separate communal laundry room and the building also includes a lower ground vaulted storage area.
The apartments presently achieves £131,250.00 per annum in rent which is 4.03% return. However, a new owner could easily achieve minimum £1,250.00 in rent per apartment per month equalling £180,000 per annum which is a 5.5% return at the asking price, if the apartments are slightly renovated.
Property info
For more information about this property, please contact
Sherwoods International Properties Ltd, W8 on +44 20 8128 0828 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sherwoods International Properties Ltd, and do not constitute property particulars. Please contact Sherwoods International Properties Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.