Guide price
£125,000
1 bed flat for saleWood Lane, London NW9
1 bed
1 bath
1 reception
EPC Rating: D
Added on
About this property
For sale by auction on Thursday 10th September 2026. 1 Bed Maisonette - Gross Yield 8%.
Situation
Located close to the junction with Church Lane and its local shopping and restaurants, in this popular residential enclave only a short walk from the Welsh Harp Open Space and Brent Reservoir and only 500 yards from the Fryent Country Park.
The property enjoys good road links to the A406 North Circular Road and the M1, is only 2 miles north of Wembley Arena & Stadium, 2 miles west of Brent Cross Shopping Centre and approx. 8 miles north-west of Central London.
Property
Forming part of a terraced property comprising a purpose-built Self-Contained 1 Bed Maisonette at ground floor level benefitting from uPVC double glazing and with sole use of the Rear Garden.
In addition, the property includes the Front Garden to the right hand side of the path leading to the front door (see Note 1).
Accommodation
Ground Floor 1 Bed Maisonette
(Floor area and room measurements to follow)
VAT is not applicable to this Lot
Tenure
Leasehold for a term of 125 years from 29th September 1993 at a current ground rent of £200 p.a. Rising to £300 p.a. In 2053 and £400 p.a. In 2083.
Tenancy
The property is let to The Mayor and Burgesses of the London Borough of Harrow on a 2 year lease from the 24th March 2023 at a current rent of £9,948 per annum exclusive (£829 pcm).
Holding Over – The Landlord can terminate the lease on 6 months’ notice and the Tenant can terminate
on 3 months’ notice.
Note 1: There may be potential to create a parking space on the front garden, subject to obtaining the necessary consents.
Note 2: No 36 Wood Lane (2 bed first floor maisonette approx. 550 sq ft) sold in August 2019 for £350,000 (£636 per sq ft) (source: ).
Note 3: 6 week completion.
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Tenure
Leasehold (92 years)
Service charge
Council tax band
Ground rent
£200
Ground rent date of next review
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