Sold
London, W3 – Unbroken Freehold period conversion comprising seven self-contained flats
20 Avenue Crescent, Acton, London, W3 8EP
Offers in excess of £1,800,000
- Property Type:
- Residential
- Tenure:
- Freehold
Description
- Freehold block comprising seven self-contained flats (3 x studio, 3 x one bed and 1 x three bed)
- Six flats let subject to Assured Shorthold Tenancies and one flat currently vacant
- Total Current Rent Reserved: £106,290 per annum
- Estimated Rental Value: £123,930 per annum (fully let)
- Approximate GIA of flats: 272 sq m (2,928 sq ft)
- Located within 0.3 miles (approximately six minutes walk) of Acton Town Underground Station
- Potential to reconfigure the building subject to obtaining all necessary consents
Offers in excess of £1,800,000 are invited for the Freehold interest, subject to all tenancies, subject to contract. A purchase at this level would reflect a gross yield of 6.88% (based upon ERV)