Ready-income investment with flexible conversion potential near central London attractions.
• Freehold mid-terrace with single title, chain free
• Generates over £105,000 annual rental income
• Yield around 4.75% at asking price
• High ceilings and period features throughout
• Walking distance to Maida Vale and Portobello Market
• Currently arranged as seven tenanted flats — multi-let management needed
• Small plot with limited outdoor space
• Opportunity for full renovation or conversion potential
This Victorian mid-terrace on Shirland Road is offered freehold and chain free, currently configured as seven tenanted flats producing in excess of £105,000pa. That income equates to an investment yield around 4.75% at the asking price and provides immediate cashflow while longer-term options are considered.
The property’s period proportions — high ceilings and original features — and its single freehold title give genuine flexibility. With 1,969 sq ft across multiple storeys, the building can be retained as a steady multi-let, reconfigured into fewer larger units, or converted back into a single large family home, subject to consents.
Location is a major strength: a short walk to Maida Vale, Westbourne Park and Portobello Road Market, with strong transport links to Paddington and central London. Local schools include several rated Outstanding and Good, supporting both rental demand and owner-occupier appeal.
Buyers should note the principal trade-offs: the property will benefit from renovation and upgrading to maximise value, the plot is small with limited outdoor space, and it currently requires management of multiple tenancies. These are realistic but manageable considerations given the property’s income and flexible title.
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