Summary - VOEST-ALPINE HOUSE, ALBION PLACE W6 0QT
1 bed 1 bath Apartment
Ready-made investment with immediate rental income and long lease in central W6.
- 407 sq ft one-bedroom first-floor apartment
- Secure gated courtyard development with bicycle storage
- Open-plan reception/kitchen with integrated appliances
- Two Juliette balconies, good natural light throughout
- Long lease: 992 years remaining (from 2017)
- Currently tenanted: £2,000 pcm (AST started Aug 2024)
- Service charge £1,855.68 pa; ground rent £400 pa
- Broadband very slow; local crime levels high
A compact, recently built first-floor flat in a secure gated courtyard close to Hammersmith transport and King Street amenities. The open-plan reception and integrated kitchen make efficient use of the 407 sq ft layout, while two Juliette balconies and plentiful natural light help the apartment feel more spacious than its size suggests.
This unit is currently let at £2,000 pcm, offering immediate rental income and a strong gross yield for the area. The lease is effectively virtually freehold at 992 years remaining, and the development benefits from modern heating via air-source heat pump fan coil units and an EPC C rating.
Buyers should note practical costs and local conditions: an annual service charge of £1,855.68 and ground rent of £400, plus council tax (Band D). Broadband speeds are reported very slow and local crime levels are high — factors that may affect tenant demand or quality.
Overall this is a straightforward, low-maintenance investment or city base for a buyer wanting reliable rental income and long lease security, but consider the small internal size and nearby area issues when assessing relet potential or owner-occupation.
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