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CASH Investors ONLY

Long Lease of approx. 141 Years Remaining

First Floor of a Mansion Block

Two Double Bedrooms

Rental Income of £1,500 Per Month

Instant Income on Completion

6% Gross Yield

**CASH INVESTORS ONLY - Instant income on Completion as the Property will be sold with Tenants paying £1,500 per month (6% Gross Yield)** This lovely two double bedroom first floor apartment set within a MANSION BLOCK on WILLESDEN LANE is located moments from Kilburn High Road and close to multiple stations including Kilburn, Brondesbury and Kilburn Park.

This property will be sold with a long lease of approx. 141 years remaining and consists of a modern kitchen and bathroom / WC, two good size bedrooms and a lovely separate reception room.

This property is ideal for those looking for an investment with immediate returns. There is a 12 months AST, which commenced on the 18th June 2021 with a 6 months break clause.

Stamp Duty Calculator

See full breakdown

Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £
500
k (Percentage rate 0%)

£ 0

Above £
500
k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £500k (Percentage rate 0%)

£ 0

*This is for illustrative purposes only

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £125k (Percentage rate 0%)

£ 0

Above £125k and up to £250k (Percentage rate 2%)

Above £250k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £300k (Percentage rate 0%)

Above £300k and up to £500k(Percentage rate 0%)

Up to £300k (Percentage rate 0%)

Above £300k and up to £500k (Percentage rate 5%)

*This is for illustrative purposes only
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Key Information:

- Deposit = £1,950.00 (based on a rental amount of £1,690.00 pcm)
- Rent is payable monthly
- Maximum number of Tenants = 4 (No more than 2 families)
- Minimum Household earnings must show £50,700 per year (based on a rental amount of £1,690.00 pcm)
- Offered on a renewable 12 Month contract
- Local Authority - Brent
- Council Tax Band - C (PLEASE NOTE: The figure below has been taken from the Brent Council website and should be confirmed by any potential applicant prior to making an offer). Band C is showing as £1,462.05.
- The property is offered furnished
- Offered as a sole or joint Tenancy - if more than one Tenant, all named Tenants will be 'jointly and severally liable' for the terms and conditions of the Tenancy Agreement (including the total rent).

Click Floorplan for larger view

Floor Plan 1

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.