£2,500,000

Block of flats for sale

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Just added

Offers over

£2,500,000

(£535.10/sq. ft)

Block of flats for sale

The Meadow Way, Harrow Weald HA3

4,672 sq. ft

Local area information

Property location

Nearby amenities

  • Salvatorian Roman Catholic College 0.2 miles
  • The Sacred Heart Language College 0.2 miles
  • Harrow & Wealdstone 0.7 miles
  • Harrow & Wealdstone 0.7 miles

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

Features and description

An opportunity to acquire a fully let, recently refurbished HMO portfolio in Harrow.

A total of 18 self-contained rooms.

Each building comprises 6 self-contained rooms with shared kitchens.

Total gia - 4,672 sq ft.

The portfolio is currently producing £229,656 per annum, however the vendor is in the process of increasing the rent to the full lha level of £236,736 per annum.

Freehold.
Proposal


Offers in excess of £2,500,000 (Two Million Five Hundred Thousand Pounds) subject to contract.

A purchase at this level reflects a 9.47% Gross Yield based off the reversionary rents and £535 per sq ft capital value.

Individual properties can be acquired by separate negotiation.

Floor plans and tours

Floor plans (2)

2 floor plans available

View the floor plans to understand the space and layout of this property.

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. Harrow (London Borough)
  5. Harrow
  6. Harrow Weald
  7. The Meadow Way