Offers over
£2,450,000
(£1,113/sq. ft)
12 bed flat for saleFairholme Road, London W14
12 beds
12 baths
2,201 sq. ft
EPC Rating: C
Freehold
About this property
Period building
12 apartments
Investment opportunity
2 min walk to West Kensington
Entire building
Freehold Building
Guest laundry
Recently Painted
12 self-contained studio apartments, many featuring a mezzanine bedroom separate from the main living area. Flats 5 and 8 benefit from balconies overlooking Fairholme Road.
The building is arranged over four floors, with nine apartments accessed via a central staircase. The three lower-ground studios have their own separate entry. The apartments include a central communal heating and hot water system, a communal laundry room, and a lower-ground vaulted storage area.
The apartments currently generate £139,250 per annum in rental income, representing a 5.73% return. However, a new owner could easily achieve at least £1,500 per month per apartment, equating to £216,000 per annum, which is an 8.4% return at the asking price, assuming minor updates are carried out.
The building is arranged over four floors, with nine apartments accessed via a central staircase. The three lower-ground studios have their own separate entry. The apartments include a central communal heating and hot water system, a communal laundry room, and a lower-ground vaulted storage area.
The apartments currently generate £139,250 per annum in rental income, representing a 5.73% return. However, a new owner could easily achieve at least £1,500 per month per apartment, equating to £216,000 per annum, which is an 8.4% return at the asking price, assuming minor updates are carried out.
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