This three-bedroom garden flat presents a compelling investment opportunity, showcasing both immediate rental income and long-term capital growth potential. Currently generating a monthly rental yield of £2,695, which translates to over £32,300 annually with a reliable tenant already in place, this property offers a unique chance for landlords. Located in the sought-after area of Temple Fortune (NW11), it comes with the benefit of a share in the freehold, eliminating service charges and ground rent—thus enhancing profitability.
The flat's garden-level positioning includes desirable features such as a private outdoor space and allocated parking. Additionally, an extra parcel of land included within the title holds promising future development possibilities (subject to planning permission). The layout consists of three adaptable bedrooms and two bathrooms (one en-suite), catering ideally to families or professionals seeking comfort and convenience.
While the property has been kept modern with double-glazing fitted approximately five years ago, there remains potential for further enhancement or customization based on individual preferences. Its spacious split-level kitchen/reception room is bright and functional but could benefit from contemporary upgrades to optimize appeal. Given its prime location near essential amenities like M&S Foodhall and local cafés, this flat not only meets current living standards but also offers ample scope for future value addition through strategic renovations.
