Overview

16

20

8

GUIDE PRICE

£11,000,000 - Freehold

TENURE

INTERNAL AREA

7,651ft2 / 711m2

KEY FEATURES

– 4 x 3 bedroom, 4 x two bedroom across lower ground, ground and 4 upper floors
– Internal lift to all floors
– Excellent transport links, with Royal Oak, Queensway, Bayswater and Paddington
– Total passing rent of £266,135.84

PUBLIC TRANSPORT

Royal Oak

Westbourne Gardens, Bayswater, W2 5NR-duplicate-5

A rare grand stucco fronted period freehold investment opportunity

The Property comprises 8 self-contained apartments situated within two six-storey stucco fronted former dwelling houses.

The asset comprises of 4 x 3 bedroom, 4 x two bedroom across lower ground, ground and 4 upper floors. The property comprises 7,651 sq. ft / 711.41 sq. m of residential accommodation (GIA of the residential flats combined, excluding common parts). GIA of the entire building is circa 9000 sq. ft / 836 sq. m.

The property benefits from an internal lift to all floors. Excellent transport links, with Royal Oak, Queensway, Bayswater and Paddington all within a 0.5 mile radius.

Total passing rent of £266,135.84. Freehold. Property is owned in an SPV as a single asset.

*Due to Covid, rent reductions have been agreed with some of the tenants. The rental income without discounts should be £287,299 per annum. Opportunity to enhance rents further through refurbishment.

Location