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5 bedroom house for sale
Llanover Road, Wembley, London, HA9 7LW
£700,000
Llanover Road, Wembley, London, HA9 7LW
£700,000
Our Summary
- Excellent refurbishment or conversion opportunity
Description
This end-of-terrace property is located on Llanover Road in Wembley, a residential area with excellent transport links to central London. The property is currently leased to a housing association on a 10-year lease with a 5-year break clause, generating an annual income of £60,000 and providing a net yield of 8.57%. The property is arranged over two floors to provide five self-contained studio flats, each with its own en-suite bathroom and communal kitchen facilities. The property is freehold, with a total combined internal area of approximately 1,227 square feet. With its convenient location and secure income stream, this property offers a solid investment opportunity for anyone looking to generate passive income.