Willesden Lane, London , NW6 7SX
By Thomas & May
£ 975,000
Reviews
2 out of 5 stars
Thomas & May says ..
*For sale via secure sale online bidding: terms and conditions apply.* A superb Freehold Residential and Ground Rent Investment 7 self-contained studio flats. Currently on a 10 year lease from June 2022 to a housing association. This provides £100,800 per annum income with NO MAINT...
Property Oracle says ..
This property on Willesden Lane in Kilburn, London, is a seven-bedroom, seven-bathroom building currently operating as seven self-contained studio flats under lease to a housing association. The listing emphasizes the property’s potential as a residential and ground rent investment due to its steady annual income of £100,800 from the existing lease. The property’s location offers proximity to public transport (Brondesbury Overground station is 0.48km away) and several schools with good Ofsted ratings within a kilometer radius. The exterior appears structurally sound but could benefit from some cosmetic improvements. Notably, the property does not seem to offer a private garden, which is common for properties on busy high streets in London. The absence of details regarding the square footage of individual studios and the lack of sales price data for comparable properties make a comprehensive price per square foot analysis challenging and crucial before making any investment decisions. The given list price of £975,000 requires a thorough evaluation of potential maintenance costs, property management fees, and overall market conditions for investment properties of this type in the NW6 postcode. A detailed survey and professional valuation are recommended before purchase.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 7
- Bathrooms
- 7
- Sqft (est)
- 1,980.56
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 598,568.00 £Decreased by 21.57 %
- Est sale value
- 1,404,217.04 £Decreased by 22.77 %
- Average area rental value
- 2,229.00 £/moIncreased by 6.80 %
- Est letting value
- 3,961.12 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.47 %Increased by 36.28 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Thomas & May created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Kilburn Grange School | Free Schools | Good | 0.41 KM |
| Christ Church Cofe Primary School | Voluntary Aided School | Good | 0.43 KM |
| Kingsgate Primary School | Community School | Outstanding | 0.49 KM |
| Kilburn Grange Childrens Centre | Children's Centre | 0.50 KM | |
| Salusbury Primary School | Community School | Good | 0.70 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Aldershot Road | £ 0 | 0 | 0.00 KM |
| Grangeway | £ 0 | 0 | 0.00 KM |
| Gladstone Mews | £ 0 | 0 | 0.00 KM |
| Coral Mews | £ 0 | 0 | 0.00 KM |
| Kilburn High Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Brondesbury | 1437 | BSY | 0.48 KM |
| Queens Park (London) | 1419 | QPW | 0.93 KM |
| Kilburn High Road | 1415 | KBN | 1.03 KM |
| Brondesbury Park | 1438 | BSP | 1.04 KM |
| West Hampstead | 1421 | WHD | 1.27 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Willesden Lane, London , NW6 7SX | £ 975,000 | BUY | 5 / 10 | 0.00 KM |
| Willesden Lane, Brondesbury, London, NW6 | £ 400,000 | BUY | Unknown | 0.04 KM |
| Streatley Road, Queen's Park | £ 2,000,000 | BUY | 7 / 10 | 0.04 KM |
| Callcott Road, London, NW6 | £ 775,000 | BUY | 7 / 10 | 0.05 KM |
| Streatley Road, London | £ 550,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 70a - 70d Willesden Lane | £ 200,000 | 0.01 KM |
| 10d Streatley Road | £ 201,000 | 0.05 KM |
| 10a Streatley Road | £ 220,000 | 0.05 KM |
| 10c Streatley Road | £ 390,000 | 0.05 KM |
| 13 Streatley Road | £ 1,615,000 | 0.06 KM |