This property presents a compelling opportunity for investors looking to acquire a freehold asset with notable development prospects in a desirable area of West London. Currently configured as four self-contained, two-bedroom apartments with warehouse-style charm, the building is spread over four levels, including ground and three upper floors. The apartments are fully let under assured shorthold tenancies (ASTs), generating an annual income of £95,940.
Previously approved planning permission (reference 215916FUL) for an additional two-bedroom apartment adds significant value, although this consent has lapsed as of February 2025. The property underwent a comprehensive renovation about three years ago, ensuring high standards are met throughout, and features air conditioning to enhance tenant comfort. Maintenance expenses remain manageable with a competitive management fee at just 4%.
Located in the heart of West Ealing (W13 0UQ), the property boasts excellent transport links, with West Ealing railway station nearby offering prompt services via the Elizabeth line to Central London and Heathrow Airport. The surrounding area is rich in local amenities including cafés, restaurants, shops, and parks like Walpole Park and Lammas Park, contributing to its strong residential appeal and substantial tenant demand.
