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)