This freehold residential investment presents an opportunity to acquire a robust asset with four self-contained flats, all of which are currently let, ensuring immediate rental income. The property features two spacious two-bedroom maisonettes on the ground and first floors that each provide an open-plan kitchen/living area, two generously sized bedrooms, and modern bathrooms, bringing in £1,600 per month per unit. Additionally, the rear extension houses two self-contained studio apartments with independent access, generating £900 each monthly.
With a total rental income of £60,000 annually, this investment stands out not only for its current cash flow but also for its notable development potential. Approved planning permission for a loft conversion with a full-width rear dormer allows for future enhancement of the living space and rental yield. Furthermore, the expansive rear garden offers additional opportunities for development (subject to necessary consents), potentially allowing for the construction of an outbuilding or garden studio.
The location is attractive due to its proximity to Hillingdon Hospital and Brunel University, as well as excellent transport links including direct access to Heathrow Airport and major roadways. This property caters to strong tenant demand and promises sustained rental growth, making it an appealing long-term investment prospect.