Guide price
£2,600,000
(£632.99/sq. ft)
Land for saleWalm Lane, London NW2
4,108 sq. ft
About this property
Fully let investment property
Annual income in excess of £130,000
Potential to increase income
Two commercial units
Three flats
Moments from Willesden Green station
A prominent corner building comprising two commercial premises and three flats generating in excess of £130,000 per annum in rental income in a prime location.
The commercial tenant is currently paying £45,000 per annum for the pair of shops and the upper parts of the building are arranged as follows:
1st floor 3 bedroom flat held on an AST producing £33,000 per annum.
2nd Floor 4 bedroom flat held on an AST producing £46,200 per annum.
A split level flat on the top floor held on a regulated tenancy producing £7560 per annum.
The commercial tenancy is currently in the process of a rent review and the annual income is due to increase.
Walm Lane is a bustling high road and this particularly well located property occupies a prominent corner position just moments from Willesden Green station (Bakerloo Line, Lioness Line, Mildmay Line) and a Sainsburys Local store.
Tenure - Freehold hm Land Registry Title Number NGL553751
The commercial tenant is currently paying £45,000 per annum for the pair of shops and the upper parts of the building are arranged as follows:
1st floor 3 bedroom flat held on an AST producing £33,000 per annum.
2nd Floor 4 bedroom flat held on an AST producing £46,200 per annum.
A split level flat on the top floor held on a regulated tenancy producing £7560 per annum.
The commercial tenancy is currently in the process of a rent review and the annual income is due to increase.
Walm Lane is a bustling high road and this particularly well located property occupies a prominent corner position just moments from Willesden Green station (Bakerloo Line, Lioness Line, Mildmay Line) and a Sainsburys Local store.
Tenure - Freehold hm Land Registry Title Number NGL553751
Mortgage calculator
Monthly repayment
£13,006 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}