18, Iron Bridge Close, Brent, London, NW10

This property presents a distinctive chance to invest in a well-established residential block that consists of ten self-contained flats, already boasting approved planning permission for the addition of two new units. The building currently features nine one-bedroom apartments and one two-bedroom apartment, thoughtfully designed across two levels with traditional brick construction and pitched tiled roofing. Each unit comes equipped with fitted kitchens and bathrooms, alongside independent utility metering for convenience. Access is via a secure communal entrance, complemented by dedicated parking space available at the front. Strategically positioned within a vibrant neighborhood, this property benefits from excellent transport connectivity through the Bakerloo Line, Jubilee Line, and London Overground, while being conveniently close to Wembley Stadium and the London Designer Outlet. The area is experiencing substantial regeneration efforts enhanced by developments such as the Old Oak Common HS2 interchange, which promise to further boost its desirability and investment potential. With the grant of planning permission for two additional three-bedroom units and initial groundwork underway, this opportunity holds significant promise for increasing rental yields and overall capital appreciation. Presently generating a rental income of £219,000 annually with projected growth of £60,000 upon completion of the new flats illustrates a robust investment proposition blending stable returns with considerable growth prospects.