Rare investment property for sale comprising 8 self-contained flats in this period terrace on tree-lined Inverness Terrace. Expected market rent £250,000pa. Freehold.

A rare investment opportunity to buy a freehold period stucco fronted seven storey town house in the heart of Bayswater. The property comprises eight self-contained flats all let on AST contracts. The total passing rent is £222,339, although the expected market rent as we come out of the Covid pandemic will be in the region of £250,000. The property has been well maintained with up to date fire protection systems and a lift.

Inverness Terrace is only 100 m from the green open spaces of Kensington Gardens / Hyde Park, and adjacent to Queensway and the Bayswater Road which are presently undergoing major redevelopments which are going to be highly benficial to local residents at both the Whitleys site and Park Modern, where flats are selling for between £3000 and £5000 per sq. foot. The property is only two minutes walk to both Queensway (Central line) and Bayswater (Circle & District lines) stations and all the shops, bars and restaurants of this thriving area.

Property details:
Approximate gross internal area: 6,865 ft2 / 637.76 m2
Freehold.
8 Flats:
• 2 x 1 beds
• 5 x 2 beds
• 1 x 3 beds

Viewing strictly by appointment only.