Flat 3, 24 Talbot Road, Notting Hill, London, W2 5LJ

This first-floor flat presents a promising opportunity for astute investors and developers, currently operating as three separate bedsits. The property enjoys the benefit of a share of freehold and includes a balcony, enhancing its appeal. While it is currently let with an annual income of £26,351 — featuring one regulated tenancy alongside two shorthold tenants — the space is in need of updating to maximize its potential. Given the competitive rental market in Notting Hill, there is potential for rent increases as tenants' agreements come up for renewal. Local amenities abound, providing convenience with independent shops and dining options nearby, while green spaces like Holland Park offer recreational opportunities. Transport links are strong, with both Westbourne Park and Royal Oak Underground stations just a short distance away, facilitating easy access to Central London. This property represents an exciting investment prospect with room for value enhancement through thoughtful renovations.