Summary - Flat 4 Bodiam Court, 4, Lakeside Drive, Park Royal, LONDON NW10 7GE
2 bed 1 bath Apartment
Contemporary two-bed with parking and long lease, ideal for investors.
Fifth-floor two-bedroom apartment with balcony and panoramic communal views
Situated on the fifth floor of a contemporary development in Park Royal, this two-bedroom apartment offers a modern, low-maintenance rental asset with long lease security. The open-plan kitchen/living area opens onto a balcony with wide views over landscaped communal grounds and a natural lake reserve, adding tenant appeal. Practical features such as underfloor heating with independent room controls, double glazing and a mechanical ventilation system help reduce ongoing upkeep and attract long-term occupiers.
The property includes a secure covered gated parking space and a bicycle store, which are strong differentiators in this location. The apartment is currently let at £1,792.61 pcm, providing immediate income for investors and the convenience of a long lease (991 years). Fast broadband, excellent mobile signal and close road and Tube connections (Central and Piccadilly lines nearby) support commuter tenants and families alike.
Buyers should note the area records above-average crime and is classified as very deprived, which can affect tenant mix and yield risk. Annual charges are notable: service charge £2,802.78 and ground rent £490 (2025 figures), plus an estate service charge of approx. £500. The standard warranty caveats apply: central heating and appliances have not been tested and purchasers should confirm condition via survey.
Overall this is a contemporary, well-specified apartment with ready rental income and strong transport links. It suits investors seeking immediate yield and long-lease security, and owner-occupiers wanting modern fittings and commuting convenience, provided they accept the locality’s socio-economic challenges and recurring service costs.
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