Loftus Road, London, W12

We are delighted to offer this exciting investment opportunity of an attractive four storey Victorian house arranged as four flats. The property was subjected to a complete refurbishment, extended and upgraded in 2017, delivering the existing four self-contained residential apartments that all comply with the latest building standards.
The four self-contained residential units represent the ideal rental investment mix for the area, with 2 x 2 bedroom apartments, 1 x 3 bedroom and 1 x one bedroom; three of the apartments benefit from private outside space, be it a terrace or garden. The performance of this investment is most highly rated with the managing agent reporting minimal void periods and the Gross Rental Income at £116,000 per annum representing a Gross Initial Yield of 6.62%. Current rental valuations indicate a gross rent income of £118,352, offering a potential a gross yield of 6.76%.
The property has been under the same ownership for the past 31 years and now offers a rare opportunity to buy 4 flats in one building in this letting hot spot corner of west London.

Location:
Loftus Road is an attractive wide street lined by mature trees making it one of the most attractive roads in the area with a number of tube stations under 10 minute walk. Shepherds Bush is often cited as one of the most under-valued pieces in Prime Central London, with significant upsides anticipated by virtue of its striking period architecture, high levels of footfall and close proximity to significantly more valuable residential districts such as Kensington and Holland Park. In addition, the immediate area itself benefits from a superb variety of retail destinations – both independent and national – with an eclectic mix of established restaurants and bars, as well as the landmark Westfield Shopping Centre all located within walking distance. Shepherds Bush itself boasts the active Green, Dorset Hotel chain and an accessibility across London via public transport that is almost unrivalled. For overseas travel, Heathrow is conveniently located along the A4 with good access from this particular district.