This two-bedroom first-floor flat on the sought-after Woodstock Avenue offers a promising investment opportunity, particularly appealing to those looking to enhance their portfolio. Currently tenanted by an elderly regulated tenant, the property generates a monthly income of £915, with a planned rent increase set for February 2026, ensuring a stable cash flow for the foreseeable future.
The flat comes with several advantageous features, including a new 999-year lease that eliminates ground rent obligations. Additionally, it has loft extension rights, allowing for potential vertical expansion (subject to obtaining the necessary permissions). These factors not only contribute to the current value but also provide significant upside for future growth.
Located in NW11, this property benefits from its proximity to local amenities and parks, making it an attractive option for both residents and tenants. Access to public transportation is convenient, further enhancing its desirability within the area.
While the flat requires some modernization, this presents an excellent opportunity for value addition through renovations tailored to your vision. Updating the interior can not only improve rental yields but also cater to market demands.
In summary, this flat combines a solid rental foundation with substantial potential for enhancement in a prime location. It represents an inviting prospect for investors looking to capitalize on future growth while maintaining steady income. For more details or to arrange a viewing, please reach out.
