Churchfield Road, London
- PROPERTY TYPE
Apartment
- BEDROOMS
8
- BATHROOMS
4
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- DEVELOPMENT OPPORTUNITY!
- Garage at the back
- Freehold
- Great location
Description
DEVELOPMENT OPPORTUNITY!
Freehold 4-storey corner building on popular Churchfield Road. The property includes a commercial restaurant on the ground floor and basement, leased to an Indian Restaurant. The upper floors have 8 bedsits with pay-as-you-go electric meters, and water and council tax included. Total gross income is approximately £69,500 per annum. Additional benefits include a rear garage.
Commercial:
Leased to an Indian restaurant for the last 10+ years with a current rent of £19,500 per annum. Approximately 1,260 sq ft (ground floor 690 sq ft and basement 570 sq ft). Lease is 20 years from 06.02.2013
Residential Accommodation:
A well-proportioned 8 bedsits/rooms, each with separate pay-as-you-go electric meters, with water and council tax included in the rent. The current income for these rooms is approximately £50,000 per annum.
Total Income:
Approx. £69,500 per annum with potential to increase, as some of the room rents have not been increased for nearly 10 years.
Further Benefits: includes a garage at the back.
This property would attract buy-to-let investors, developers looking for a project to convert into flats (subject to planning consent), or those interested in keeping it as an HMO investment.
Location:
Churchfield Road offers a fantastic selection of independent shops, offices as well as an increasingly affluent residential area. The property benefits from being opposite the Oaks Shopping Centre, which provides 11 new retail units, a gym and 168 flats. Acton Central (Overground), Acton town (Piccadilly Line) and Acton Mainline stations (Elizabeth line) stations are nearby as well as buses leading to Ealing Broadway, Central London, Hammersmith and Chiswick.
Tenure: Freehold
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Churchfield Road, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Acton Central Station0.3 miles
- Acton Main Line Station0.6 miles
- Acton Town Station0.6 miles
About the agent
Citydeal Estates, London
115 Churchfield Road, London, W3 6AH
Citydeal Estates offer a complete property service incorporating lettings, sales, property management and commercial services. We are West London’s Property Specialist.
Our aim is to offer an unparalleled service by continually exceeding customer expectations. We represent our company through enthusiasm, congeniality and thorough knowledge of the local area, derived by both working and living in the locality of West London.
Why choose us: We strive to offer a supportive, personal
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference RS0352. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Citydeal Estates, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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