Llanover Road, London HA9 5 bed house for sale

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Llanover Road, London HA9 5 bed house for sale

Llanover Road, London HA9
£700,000

Our Summary

  • Excellent refurbishment or conversion opportunity

Description

This property is a freehold end of terrace house located in Wembley, London, which has been converted into five self-contained studio flats. The property benefits from excellent transport links, including North Wembley tube station and Wembley Stadium train station, making it easy to access central London. The property is currently leased to a housing association for 10 years, with a 5-year break clause, providing an annual income of £60,000 and a net yield of 8.57%. The property is situated on a residential road close to local shops and amenities, with King Edward VII Park nearby. The five studio flats are arranged over two floors, with a total combined GIA of approximately 1,227 sq ft. The property is a solid investment opportunity, with a long-term lease and minimal maintenance liability.