8 bed property for sale

Wells Road, Shepherd's Bush W12

Wells Road, London W12

A unique investment opportunity for prospective purchases to acquire 8 self contained flats, comprising of two studio flats, four one bedroom flats and two, two bedroom flats. The two Victorian buildings, together, providing a gross internal area in excess of 4,000 Sq. Ft. Arranged over four floors.

The property is offered to the market in vacant position and chain free, with significant scope to improve, reconfigure and extend further, subject to the usual planning permissions and consents. Subject to improvements to the current layout the properties could achieve an annual rent of circa £170,000 per annum (7.23% yield) making it an ideal investment opportunity for those looking to add value through refurbishment and redevelopment. The properties are ideally positioned for renters, being within walking distance from Goldhawk Road and Shepherd’s Bush stations (Hammersmith & City, Circle, Central and Mildmay lines) as well as being in easy reach to the extensive shopping and leisure amenities of Westfield shopping complex, including John Lewis and the exclusive SoHo House private members’ club.

Asking Price: £2,350,000 Freehold

Wells Road, London W12 8DA

Two four storey Victorian houses, arranged as eight self contained flats.
Ideal for investors.
Potential to improve and extend.
Two private terraces.
Well located on this highly respected residential street for ease of access to the excellent local transport connections as well as the broad spectrum of local shopping and leisure pursuits.
Numerous original Victorian features and bespoke finishes throughout.

Local Authority: London Borough of Hammersmith & Fulham
Council Tax: Band B for both top floor flats in both buildings (£1,181.84 for current financial year)
Band C for all other flats in both buildings (1,350.68 for current financial year)
Parking: Eligible for a L.B.H.F. Residents parking permit
Accessibility: Steps to front doors and internal stairs
Connected services / utilities: Mains water and drainage, gas, electricity, telephone and broadband (both fibre and cable available locally).
Heating: Gas central heating via radiators
Flood risk: Available on request

4 Wells Road

Approximate gross internal floor area: 2,035 Sq. Ft./ 189.1 Sq. M. (including communal areas)

5 Wells Road

Approximate gross internal floor area: 1,984 Sq. Ft./ 184.3 Sq. M. (including communal areas)

Wells Road, London W12
Asking Price: £2,350,000
Two Victorian freehold terraced houses converted into eight flats