Freehold Victorian property with rental income and redevelopment potential near Queen’s Park station..
Freehold Victorian mid-terrace with three-storey residential apartment included
Residential unit held on a protected tenancy — buyers must verify terms
Ground-floor commercial unit excluded; seller cites £15,000pa income (verify)
Approximately 2,077 sq ft, five bedrooms, two bathrooms, small plot
Dated interior and needs modernization and possible insulation works
Solid brick walls likely uninsulated; assume retrofit/energy upgrades required
Located near Queen’s Park station with excellent transport links to central London
Area flagged as deprived with above-average crime; consider security measures
This Victorian mid-terrace freehold on Kilburn Lane offers immediate rental income and long-term development upside. The sale includes a three‑storey residential apartment held on a protected tenancy; the ground-floor commercial unit is excluded and separately let (seller cites circa £15,000pa income — buyers should verify). Located a short walk from Queen’s Park interchange, the building benefits from strong transport links to central London.
The property is a period building of c.1900–1929 with solid brick walls and double glazing; original features and high ceilings remain, but the accommodation is dated and needs modernization. There are five bedrooms over multiple floors and two bathrooms within approximately 2,077 sq ft, on a small plot. Insulation in the walls is assumed absent; heating is mains gas boiler with radiators.
For investors, there is potential to reconfigure or develop subject to planning consent. Similar nearby conversions to multiple units and local area regeneration (South Kilburn redevelopment) point to medium‑/long‑term value growth. Presently the building sits in an area classed as deprived with above‑average crime statistics, so refurbishment and secure lettings strategy will be important.
Practical considerations: broadband speeds are average, mobile signal is excellent, and the property is freehold. Buyers should carry out full due diligence on tenancy details, rental income, planning prospects, and any structural or insulation works required before purchase.