TO BE SOLD AT ALLSOP AUCTION 21ST & 22ND MAY 2025 - UNLESS SOLD PRIOR
• An opportunity to acquire 12 self-contained flats which have been recently refurbished to a high standard.
• The property is located 0.4 miles from Willesden Junction Station (Bakerloo Line and Overground).
• 62 Rucklidge Avenue comprises 3 x studios and 3 x 1 bedroom flats.
• 64 Rucklidge Avenue comprises 3 x studios and 3 x 1 bedroom flats.
• GIA - 3,254 sq ft.
• Being sold with the benefit of vacant possession.
• The ERV based off the LHA rates equates to £206,787 pa.
• Freehold.
PROPOSAL
• Guide Price - Offers In Excess Of £1,600,000 (One Million Six Hundred Thousand Pounds), which equates to a low capital value of £492 psf and a Reversionary Yield of 12.92% based off the LHA rates.