4 bedroom house for sale

>

4 bedroom house for sale

Oxford Gardens, London
£900,000

Our Summary

  • Subject to necessary regulations the building could be turned back into a single dwelling

Description

This rare opportunity presents the chance to acquire the freehold of an entire building, comprising a 2-bedroom flat, a 1-bedroom flat, and two studio flats. Three of the flats are currently occupied, with one studio remaining vacant and available for rent under Assured Short-hold Tenancy Agreements, generating an annual rental income of £58,500. The property offers a yield of 6.5% gross on the current asking price, assuming the vacant studio is let. The building also has the potential to be converted back into a single dwelling, subject to necessary regulations.