This property presents a unique investment opportunity with considerable potential for added value. Located in the desirable area of Temple Fortune (NW11), the flat boasts three bedrooms, making it suitable for various rental demographics including families and professionals. The property currently generates a steady rental income of £2,695 per month, reflecting a gross yield of 5.22% with a tenant already in place, ensuring immediate returns without the worry of void periods.
The home features a private garden and allocated driveway parking, appealing attributes that enhance its desirability among tenants. Furthermore, there is an additional parcel of land included in the title, which holds future development potential subject to planning permissions—this could be a key factor for capital growth.
While the flat is modernized with double-glazed windows and features an efficient layout conducive to comfortable living, minor refurbishments or updates in decor could further elevate its value and attractiveness. With zero service charges and ground rent due to a share of freehold arrangement, financial control is maximized for any landlord looking to enhance their portfolio. This property's advantageous location near local amenities such as M&S Foodhall and artisan cafes increases its appeal even further.
