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£1,750,000

Loftus Road, London, W12

  • 0 beds
House
Under offer/SSTC

£1,750,000

  • 0 beds
House
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Estimate monthly mortgage payment:

£7,989 per month

Minimum deposit amount:

£87,500
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We are delighted to offer this exciting investment opportunity of an attractive four storey Victorian house arranged as four flats. The property was subjected to a complete refurbishment, extended and upgraded in 2017, delivering the existing four self-contained residential apartments that all comply with the latest building standards. The four self-contained residential units represent the ideal rental investment mix for the area, with 2 x 2 bedroom apartments, 1 x 3 bedroom and 1 x one bedroom; three of the apartments benefit from private outside space, be it a terrace or garden. The performance of this investment is most highly rated with the managing agent reporting minimal void periods and the Gross Rental Income at £116,000 per annum representing a Gross Initial Yield of 6.62%. Current rental valuations indicate a gross rent income of £118,352, offering a potential a gross yield of 6.76%. The property has been under the same ownership for the past 31 years and now offers a rare opportunity to buy 4 flats in one building in this letting hot spot corner of west London.

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£7,989 per month
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Stamp Duty tax
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£121,250
Mortgage and legal costs:
£999
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