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5 Bedroom Terraced For Sale in First & Second Floors, 219A Kilburn High Road, Kilburn, London, NW6 7JG

Guide price £525,000
5 beds
Listed 57 days ago (May 28, 2023) Available
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Property description: Guide Price £525,000

**For Sale By Public Auction 19th April 2023 09 00 AM To inspect the legal documents for this property go to our website to download the legal pack**

A Residential Investment Comprising Five Self Contained Studio Flats. When Fully Let on Nightly Rents the Total Combined Income is £77,740 Per Annum.

Leasehold. The property is held on a 99 year lease from 29th September 1992 thus approximately 68 years unexpired . At the buyer‘s request and costs a section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.

The property is situated on Kilburn High Road close to local shops and amenities. The open space of Kilburn Grange Park is within easy reach. Transport links are provided by Kilburn underground station Jubilee line and Kilburn High Road rail station.

The property comprises five self contained studio flats arranged over first and second floors with a total GIA of approximately 1,264 sq ft. The flats have their own rear entrance.

The five self contained flats are currently let on a nightly basis with an income of £77,000 per annum assuming full occupancy each night .

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Auction House London 5 Hampstead Gate , 1a Frognal, Hampstead
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This property is located in Camden The average asking price of 5 bed Terraced properties For Sale in is £1,725,000. The most recent sale of the same type on this road was on Jan 16, 2023 for £1,950,000. The crime level in the surrounding area is very high.
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