Residential · Flat · Leasehold

A First Floor Two Bedroom Flat Let on Nightly Rents Producing £55,115 Per Annum

Flat A, 188a Kilburn High Road, Kilburn, London, NW6 4JD

Property type
Flat
Bedrooms
2
Bathrooms
1
Receptions
1
Tenure
Leasehold
EPC
D

A first floor two bedroom flat in a mid-terrace building, let on nightly rents producing £55,115 per annum, held on a 999 year lease (approximately 974 years unexpired). The property includes a reception room, kitchen, two bedrooms, and bathroom.

Nightly let Investment income Long lease Central location Transport links

Accommodation

  • Reception Room
  • Kitchen
  • Bedroom 1
  • Bedroom 2
  • Bathroom

Full description

A first floor two bedroom flat situated within a mid-terrace building arranged over ground and three upper floors. The property comprises a reception room, kitchen, two bedrooms, and bathroom on the first floor. The property is situated on a residential road close to local shops and amenities. The open spaces of Kilburn Grange Park are within easy reach. Transport links are provided by Kilburn Station underground station (Jubilee line) and West Hampstead rail station. The property is leasehold, held on a 999 year lease from 25th March 2001, with approximately 974 years unexpired. The flat is currently let on a nightly basis with an income of £55,115 per annum (assuming full occupancy each night).

Financial Tools

Your estimated monthly payment
£1,563.28/mo
Deposit £93,750 (25%) Loan £281,250 Interest £187,734
Total cost £468,984 Total interest £187,734
Property price£375,000
Deposit25%
£93,750
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

Location

Flat A, 188a Kilburn High Road, Kilburn, London, NW6 4JD
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