This one-bedroom first floor maisonette presents a compelling opportunity for cash buyers and investors, especially given its short lease term of 55 years. Nestled in a tranquil residential cul-de-sac, the property boasts approximately 47 sq m (506 sq ft) of internal space, excluding the separate garage that adds value through secure off-street parking or potential rental income. The layout includes a bright reception room, a fitted kitchen, a spacious double bedroom, and a bathroom. While currently well-maintained, the property offers ample scope for cosmetic upgrades that could enhance its appeal and increase its market value over time.
The inclusion of the private garage is particularly noteworthy; it can serve as additional storage or may be converted into extra living space should the necessary permissions be obtained. This flexibility not only adds to the property's utility but also holds promise for increasing overall rental yield.
For investors, this maisonette currently yields an annual income of £15,000 from long-term tenants with excellent rent payment history. There exists potential to raise this to approximately £19,200 annually in line with market trends. Given the competitive pricing reflective of the lease length, coupled with immediate income generation from tenancy, this property stands out as an attractive investment with both reliable returns and future capital appreciation prospects.
Conveniently situated near local amenities and transport links leading to Central London while maintaining a peaceful residential environment makes this property all the more appealing.
