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Sold
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The property comprises a high yielding residential investment opportunity located in an established and popular area.
Arranged as 9 x studio flats across ground and first floors, the property is fully let on separate Assured Shorthold Tenancy (AST) agreements and producing a total rent of £105,516 per annum.
The property may have asset management potential, with the current rents being below the Local Housing Allowance rates (£996.60 pcm). Therefore there may be an opportunity to improve rents upon expiry of the individual ASTs.
The property is situated on an established residential street and is a short distance from the amenities of Central Hounslow. Hounslow Central underground station is approx. 0.5 miles to the north.
Tenure
Freehold