London investment opportunity?

I was recently sent details of this property by auctioneers Allsop.

Anybody who remembers the Hugh Grant film Notting Hill might think they are familiar with this part of London & remember it as a "thoroughly nice place".

However, don't let any romanticism cloud your landlording judgment. Remember to do a full examination of the investment figures before you take anything further.

Location
202 Westbourne Park Road, Notting Hill, London W11 1EP

Description
A Freehold HMO Residential Investment Opportunity comprising:

15 Self-Contained Studio Flats
Total Current Rent Reserved £215,280 (including bills)
Refurbished to a high specification in 2006
Subject to 15 Assured Shorthold Tenancies
Total Estimated Rental Value £235,000 (including bills)
Shared Laundry Facilities Sky TV, Broadband and Video Entry Systems provided within each flat
Offers invited in excess of £2,500,000, subject to contract


All Enquiries

Adam Kerven
Email: adam.kerven@allsop.co.uk
Tel: 020 7344 2628

James Stewart Lockhart
Email: james.stewart-lockhart@allsop.co.uk
Tel: 0207 344 2682

Jourdan Prowting
Email: jourdan.prowting@allsop.co.uk
Tel: 0207 344 2675