West Hampstead, London NW6 1BB | Investment Property for Sale | VES-NW6-010

A hands-off opportunity for investors looking for a solid London asset

£4,300,000

14 Unit Block

VES-NW6-010

INITIAL INVESTMENT

£1,976,400

GROSS RENT / YIELD

£185,000 / 4.3%

NET RENT / YIELD

£142,708 / 3.3%

The block

TENURE

Freehold

NO OF UNITS

14

TENANCY STATUS

Tenanted

FURNISHED

No

TOTAL SQ FT

3,814

PRICE SQ FT

£1,127

  • Type: Terraced house
  • 14 studios (11 self-contained)
  • Tenancy type: Long term lease
  • Tenancy start date: 03/07/2018

Further information available

  • Financial breakdown
  • EPCs for all units

Vesta have not visited the property and the materials have been provided by the vendor.

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.

Financials

Rental Income

GROSS RENT PER ANNUM

£185,000

Equivalent of £15,417 per calendar month (PCM).

GROSS RENTAL YIELD

4.3%

Gross rent per annum divided by the purchase price.

NET RENT PER ANNUM

£142,708

Gross rent per annum minus fully managed operating costs.

NET RENTAL YIELD

3.3%

Gross rent per annum minus fully managed operating costs divided by the purchase price.

FULLY MANAGED OPERATING COSTS

£42,292

The total estimated sum of expenses calculated annually assuming a fully managed service.

Click to understand assumptions.

Disclaimer

This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.

About West Hampstead, NW London

West Hampstead is an area in the London Borough of Camden, in north-west London. It is located miles north-west of London Victoria.

For transport West Hampstead has three stations; West Hampstead Thameslink station, West Hampstead Overground Station and West Hampstead Underground. West Hampstead Underground offers services across the Jubilee line and so quick routes in to the centre of town and the docklands. West Hampstead Thameslink station is followed by St Pancras International and runs several lines between Luton/St Albans to Sutton, and services from Bedford to Brighton. West Hampstead Overground has services to Stratford, Richmond and Clapham Junction.

West Hampstead is a flourishing and exciting area that is rich in a diverse number of restaurants, bars, retail stores and boutiques. At the end of the road of this property is the main high street where one can enjoy the plethora of local pubs, bistros and even a farmer’s market.

Dennington Park Road,

London,

Greater London,

England,

NW6 1BB

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