Summary - Flat A, 4-5 Bank Buildings, High Street NW10 4LT
2 bed 1 bath Flat
Ready-to-rent first-floor apartment near transport and shops.
8% gross yield; current rent £20,020pa
This first-floor, newly renovated two-bedroom flat offers a ready-made buy-to-let with a quoted 8% gross yield and current rent of £20,020pa. At 615 sqft the open-plan living, dining and kitchen area maximises natural light and provides a practical layout for long-term lettings or future owner-occupation.
The property sits in a Victorian mixed-use building on the town high street, close to shops, cafes and strong bus and rail links — an easy let location for commuters, students and young families. The long lease (142 years remaining) and stated ‘no works needed’ condition reduce short-term ownership costs and simplify an investor takeover.
Buyers should note material negatives: the local area records very high crime and is classed as very deprived, which can affect tenant demand and insurance costs. The building has secondary glazing and solid brick walls assumed without insulation; heating is mains gas with a boiler and radiators. The flat is leasehold with a ground rent of £300 and affordable council tax banding.
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