Summary -
Flat 1,Radalco House,Saddlers Place,HOUNSLOW,TW3 1AN
TW3 1AN
1 bed 1 bath House
Ready rental income with repositioning potential near transport links.
Freehold block of seven self-contained flats, total area ~5,000 sq ft
Total current rent £122,784 per annum including car park income
Let to one managing tenant on Internal Repairing & Insuring lease
Possibility of full vacant possession upon completion (subject to agreement)
6 of 7 parking spaces individually let; one rented to retail tenant
Flats in good decorative condition; fitted kitchens and wooden floors
Very slow broadband speeds may affect tenant appeal
Local crime rate above average — consider tenant screening and security
This freehold block of seven self-contained flats in Hounslow offers a ready-made rental income and clear asset management options. The building is modern, well maintained, and currently produces a total rental income of £122,784 per annum, with six of seven car parking spaces let separately. Flats benefit from fitted kitchens, wooden flooring, outside terraces and gas central heating, reducing immediate refurbishment need.
The property is let to a single managing tenant (Capital Homes and Estates Ltd) on an internal repairing and insuring lease (term from 1 March 2023), simplifying cashflow but limiting landlord control while the lease runs. There is a stated possibility of full vacant possession on completion, which creates flexibility for owner-occupation, re-letting or refurbishment if agreed.
Location is practical for commuter and airport links — roughly 10 miles from Central London and under 6 miles from Heathrow, with Piccadilly line stations nearby. The local area offers a wide range of amenities and schools rated Good to Outstanding, supporting tenant demand from young families and students.
Notable constraints include very slow broadband speeds and an area crime rate above average — both factors that can influence tenant mix and rental growth. Prospective purchasers should check lease terms, schedule of condition, and service/repair liabilities, and allow time for any marketing or asset management changes should vacant possession be sought.
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