Overview Discounted Residential investment Opportunity for 9 Apartments, with significant rental uplift potential in Prime location of West London.
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?A discounted residential investment opportunity for 9 apartments with significant rental uplift potential in the heart of Ealing.
? The property occupies a prominent position on The Green, within a 9 minute walk from Ealing Broadway Railway Station. Ealing is benefiting from major improvements and capital appreciation as a result of Crossrail and gentrification in the area. It is also located in an established leisure destination.
? The 9 apartments comprise 1 x studio, 4 x 1 beds & 4 x 2 beds, extending to a total area of approximately 5,108sqft NSA.
? The units are fully let, generating a current passing rent of: £158,136 per annum.
? ERV: £196,800 per annum, reflecting an initial yield of 4.92% at the purchase price.
? Retail unit (Starbucks) sold off on a 999 year lease.
? The property is available freehold subject to the existing
tenancies.
? Asking: £4,000,000
Ealing Broadway is set to benefit from major improvements as a result of the opening of the Elizabeth Line (Crossrail). Due to the ongoing regeneration and investment in the area, Ealing is looking to benefit from significant capital appreciation with young professionals and families continuously being drawn to the area.
The property occupies a prominent position on the Green and is approximately 9 minutes' walk from Ealing Broadway Railway Station, providing regular services to London Paddington within 10 minutes, as well as serving both the District and Central Lines.
The Green is an attractive extension to the High Street and is within an established leisure destination. Nearby restaurants and cafe?s include Cote, Wagamama and Carluccio's.
? The creation of exciting new destinations in the area such as the addition of Dickins Yard (retail destination) and the modernisation of the Broadway Shopping
Tenure: Leasehold
Lease Years Remaining: 999