10 bed block of flats for sale

Adiba House, Westbourne Gardens London W2

A classically styled, low-maintenance modern freehold building in a sought-after Notting Hill location comprising 5 let flats on long let agreements and delivering a yield of c.3.7%Superb investment opportunity for a fully tenanted white stucco-fronted apartment building (c.7,244 sq ft) in a thriving Central London location with excellent potential for capital exceptional opportunity has arisen to purchase the freehold interest at Adiba House on Westbourne Gardens in Bayswater, a road comprised of handsome period buildings overlooking central communal gardens. Rebuilt in 2015 to compliment the surrounding architecture, the property consists of 5 separate flats arranged over 6 floors (serviced by passenger lift from ground to 5th floor) with all presented in immaculate order. Accommodation briefly comprises; two large 1 bedroom flats, a 2 bedroom flat and two generous 3 bedroom flats with the units ranging in size from 893 sq ft up to 2,174 sq ft.Adiba House has been designed with the comfort and well-being of its occupants in mind and utilises a Mechanical Heating and Ventilation Recovery (mhvr) system; this system extracts warm air from the building and uses it to heat cooler air that is being brought in from the outside, automatically controlling the heating, air movement and background cooling. The result of this system is a minimal loss of thermal energy as well as various physiological benefits for tenants. In addition to the mhvr system each flat offers comfort cooling, underfloor heating and an integrated AV system using Sonos components.Westbourne Gardens is located to the north of fashionable Westbourne Grove and leads on to Porchester Road. Within easy reach are Royal Oak and Bayswater stations, affording easy access to the City, West End and Canary Wharf. International transport links at Paddington and St Pancras stations are also within easy reach as well as the various London airports. The property is held in an spv.Tenure: Freehold