£750,000

Block of flats for sale

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Offers over

£750,000

(£539.96/sq. ft)

Block of flats for sale

Lucas Avenue, Rayners Lane HA2

1,389 sq. ft

Local area information

Property location

Nearby amenities

  • Alexandra School 0.1 miles
  • Newton Farm Nursery, Infant and Junior School 0.3 miles
  • Rayners Lane 0.4 miles
  • South Harrow 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Opportunity to acquire a high-yielding reversionary HMO Investment.

• The property is located 0.5 miles from Rayners Lane Station (Metropolitan & Piccadilly Line).

• The building comprises 6 self-contained rooms.

• gia: 1,389 Sq ft

• 5 rooms are rented and 1 is vacant.

• Total Rent - £62,804 per annum

• The erv based off the lha rates equates to £78,912 per annum

• Freehold

• Guide Price; Offers In Excess Of £750,000 (Seven Hundred Fifty Thousand Pounds) subject to contract. A purchase at this level reflects a gross yield of 8.4% off the current rent and 10.5% off the erv.

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. Harrow (London Borough)
  5. Harrow
  6. Lucas Avenue