LOT 7 · RESIDENTIAL PROPERTY
377A High Road
Wembley, HA9 7DT
Property description
The property comprises a three bedroom first floor flat situated in a mid terraced building arranged over ground and two upper floors. We have been advised that the property was previously let to a company at a rent of £2,500 per calendar month, producing an annual income of £30,000.
Accommodation
First Floor
Reception Room
Bedroom
Kitchen
Second Floor
Two Bedroom
Location
The property is situated on Wembley’s established High Road, surrounded by a wide range of shops, cafés, restaurants and everyday amenities. Wembley Central station is within easy reach, providing Bakerloo line, London Overground and National Rail services, together with numerous local bus routes. Wembley Stadium, OVO Arena and the wider Wembley Park retail and leisure district are also nearby, with convenient road access via the A404 and North Circular Road.
Tenure
Leasehold. There are approximately 148 Years Remaining years unexpired on the lease remaining.
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 12.0%
- Net yield
- 12.0%
- Annual income
- £30,000
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
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Withdrawn or Pre-Sold Lots
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PROPERTY ENQUIRY
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