Income-producing block with parking and garden; ideal for hands-on investors.
Five self-contained flats (two one-beds, three studios)
Freehold block with off-street parking for multiple cars
Current income £63,000pa (AST lets) — gross yield ≈ 5.7%
Shared garden accessed by ground-floor studios
Built 1900–1929, solid brick walls, likely no insulation
Requires modernisation and ongoing maintenance throughout
Double glazing present; install dates unknown
High local crime rate and area classified as deprived
An unusual freehold block in Wembley converted into five self-contained flats, currently producing a steady AST income of £63,000pa. The building sits close to Ealing Road and offers practical investor benefits: off-street parking, a shared garden for ground-floor flats, and modern conveniences such as fast broadband and excellent mobile signal.
The accommodation mix is two one-bed flats and three studios across three floors, with the top-floor one-bed featuring an en-suite. The property is built circa early 20th century in solid brick and retains a compact total internal area (c.456 sq ft overall), so it suits buyers targeting steady rental returns rather than large living spaces.
Important considerations: the building shows signs of age and will need updating and ongoing maintenance. Walls are likely uninsulated solid brick, double glazing install dates are unknown, and general modernisation is required throughout. The immediate area has higher crime levels and is classified as deprived, which may affect tenant mix and management costs.
For an investor, this offers an immediate income with scope to increase net yield after targeted refurbishments and energy-efficiency improvements. The current gross yield is approximately 5.7% based on the asking price and declared rental income; capital growth and rental uplift potential depend on refurbishment, management strategy, and local market dynamics.
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