Summary - 255B KINGSBURY ROAD LONDON NW9 8UG
2 bed 1 bath Flat
Chain-free buy with steady rental income near Jubilee Line transport links.
- Immediate rental income: £1,600 pcm
- Close to Kingsbury Station (Jubilee Line) and local buses
- Chain free for a quicker sale
- Lease 79 years remaining; lenders may refuse mortgages
- Service charge & ground rent ~£1,000 per six months
- Compact overall size: about 562 sq ft
- EPC rating D; period building, double glazing
- Area shows higher deprivation; consider long-term growth risks
This two-bedroom flat above shops on Kingsbury Road is set up as a ready-made investment. It currently produces £1,600 pcm, offering immediate rental income and tenant appeal from two well-proportioned bedrooms, a separate lounge and a fitted kitchen with appliances. Its proximity to Kingsbury Station (Jubilee Line) and local bus routes supports good letting demand.
The property is chain-free and sits within easy reach of schools and local amenities, making it attractive to tenants and investor buyers seeking a straightforward addition to a portfolio. The accommodation totals about 562 sq ft and features double glazing, gas central heating and period-built solid brick construction.
Important practical points: the lease has 79 years remaining. This is a material drawback — some mortgage lenders refuse to lend on sub-80-year leases, so purchase options may be limited to cash buyers or buyers prepared to arrange a specialist mortgage or lease extension. Service charge and ground rent together amount to approximately £1,000 every six months (around £2,000 a year), so factor running costs into purchase calculations.
The area is described as having higher local deprivation levels, which affects long-term house-price growth potential. The flat has an EPC rating of D and presents straightforward maintenance and refurbishment potential if higher rental value or owner-occupation is desired.
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