£1,200,000

Block of flats for sale

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  2. Property photo 2 of 6.
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Just added

Guide price

£1,200,000

(£350.88/sq. ft)

Block of flats for sale

Rodwell Place, Harrow HA8

3,420 sq. ft

Local area information

Property location

Nearby amenities

  • Edgware Primary School 0.3 miles
  • Edgware 0.3 miles
  • Krishna Avanti Primary School 0.5 miles
  • Canons Park 0.7 miles

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

Read our area guide for Stanmore to find out more about the local area.

Features and description

To be sold at allsop auction 22nd & 23rd October 2025 - unless sold prior
An opportunity to acquire a residential investment comprising 4 self-contained flats and 1 x 3 bedroom house.

The property is located 0.3 miles from Edgware Underground Station (Northern Line).

Arranged as 1 x studio, 3 x 1 beds and 1 x 3 bedroom house.

Gia – 3,420 sq ft

Flats 2 and 5 and the house (Unit 3) are currently rented producing a current passing rent of £48,900 per annum.

Flats 1 and 4 are currently vacant.

The Estimate Rental Value of the flats and house is in the region of £100,800 per annum.

Being sold at a discount to the breakup value.

There is a communal garden to the rear accessed via the side entrance.

Flats 1 and 2 and the house benefi t from off-street parking.

Unit 3 has potential to split into 2 x 1 bedroom flats subject to obtaining the necessary consents.
Freehold.
Proposal


Guide Price - £1,200,000 + (One Million, Two Hundred Thousand Pounds), subject to contract, which equates to a Reversionary Yield of 8.40% and a low capital value of £351 psf.

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. Harrow (London Borough)
  5. Edgware
  6. Rodwell Place