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Warwick Avenue, Maida Vale, W9

£1,875,000
Floorplan
FLOORPLAN
8
Bedrooms
3
Bathrooms
0
Receptions
Area
ft²

Situated in the heart of Little Venice is the opportunity to acquire this stunning 8 bedroom Freehold maisonette comprising 2189 sq ft / 203.4 sq m. The property is split over four floors and comprises 8 self contained studio apartments under HMO License with 3 shared bathrooms. The units are in excellent condition and in total are currently achieving £98,832 per annum in rental income. This presents an excellent opportunity for an investor looking to achieve a high yielding investment. There is also scope to lift the HMO License to convert the property back into a residential property (subject to council planning and consent being approved) and would make an excellent family home. The property is adjacent to Warwick Avenue underground station and is conveniently located for the shops and cafés on Formosa Street as well as Clifton Road and is within close proximity of Regents Canal.

Westminster Council Tax Band H.

Lease details, service charges, ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
Key features
HMO Licence
Current rental income £110,000 pa approx
8 self contained studios
3 shared bathrooms
2189 sq ft / 203.4 sq m
Upper Maisonette
Freehold
Excellent condition
Well presented common parts
Key information
Freehold
What the locals say…
“Phasellus viverra nulla sed nisl eleifend mauris comodo. Donec fermentum efficitur purus, quis aliquam arcu luctus non.”
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