£500,000

2 Bedroom Terraced House

Lillie Road, Fulham, SW6

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First listed on: 07th February 2024

Nearest stations:

  • West Brompton (0.8 mi)
  • Kensington (Olympia) (1.1 mi)
  • Putney (1.5 mi)
  • Barnes (1.5 mi)
  • Shepherd's Bush (1.7 mi)

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Call: See phone number 0208 740 9944

Further Informations

Epc

More Information

Property Features

  • Mid terrace building
  • 3 self-contained flats
  • 1 x 2 bedroom flat subject to AST
  • 2 x 1 bedroom flat sold off on a long lease
  • Freehold

Property Description

Tenure: Freehold

BUY TO LET INVESTMENT: A mid-terrace freehold building consisting of three self-contained flats, conveniently situated near the green spaces of Lillie Road Recreation Ground.

The property comprises a 2 bedrooms flat on the lower ground and ground floor, currently subject to an Assured Shorthold Tenancy initiated on May 25, 2023, with a monthly rental rate of ?2,050 (?24,600 per annum). Additionally, there are two 1 bedroom flats on the first and second floors, which have been sold off on a long lease, generating a ground rent income of ?500 per annum, resulting in a Gross Initial Yield of 5%.

TWO BEDROOM FLAT: The accommodation features a bright and spacious reception room with a access private patio, offering an excellent living and entertainment space, a separate fitted kitchen with integrated appliances on the lower ground floor. The upper ground floor includes two bedrooms and a modern tiled bathroom, complemented by a private patio garden.

The location is advantageous, offering proximity to the amenities and services of Lillie Road, Munster Road, and Fulham Palace Road. It is conveniently located 10 minutes away from Hammersmith Broadway Train Station, providing access to the District Line, Piccadilly Line, and Hammersmith & City Line.

It`s important to note that the property is currently tenanted, and the existing tenants will continue to occupy it upon completion. As a noteworthy detail, the owners and successors in title, as part of the planning permission conditions, are not entitled to residents` parking permits.

TENURE: Freehold

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
London Borough Of Hammersmith & Fulham, Band D

Service Charge
?710.63 Yearly

Further Informations

Epc

More Information

Property Features

  • Mid terrace building
  • 3 self-contained flats
  • 1 x 2 bedroom flat subject to AST
  • 2 x 1 bedroom flat sold off on a long lease
  • Freehold

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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
27/05/2024 Property listed at £500,000
07/02/2024 Property listed at £600,000

Disclaimer

Disclaimer Property reference AMBE0_6722. Details are provided and maintained by Amber & Co. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Amber & Co, Shepherds Bush

406 Uxbridge Road

Shepherds Bush, London

W12 0NR

Tel: See phone number 0208 740 9944

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Disclaimer

Disclaimer Property reference AMBE0_6722. Details are provided and maintained by Amber & Co. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Amber & Co, Shepherds Bush

406 Uxbridge Road

Shepherds Bush, London

W12 0NR

Tel: See phone number 0208 740 9944

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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