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STATS

INITIAL CASH INVESTMENT £125,000
GROSS RENT / YIELD £30,000
PROJECT COST OF REFURB £25,000
PROJECTED VALUE £550,000
PROJECTED RETURN ON CASH EMPLOYED 60%

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PROPERTY DETAILS

57B Portnall Road
Maida Vale, London
W9 3BA

A one bedroom first floor flat in need of modernisation, located in a sought after area conventient for the amenities of Maida Value and Notting Hill, Vacant.

AUCTION PRICE: £400,000

Tenure

Leasehold. 12 years from completion. Ground rent £10 per annum rising.

Ground floor

  • Situated on Portnall Road close to the junction with
    Shirland Road
  • Shopping facilities are available nearby, whilst the fashionable bars and restaurants of Maida Vale are within easy reach
  • The Grand Union Canal and the leisure areas of Queens Park
    are nearby