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Westbury Avenue, London

Floor PlanFloor Plan
2

Key features

  • 2 cosy bedrooms
  • Spacious reception room
  • Located in vibrant London
  • Freehold property
  • Current rent £16,600 p.a.
  • Ground floor lease until 2027
  • Potential rent £21,000 p.a.
  • 861 sq ft house
  • Close to amenities
  • Viewing recommended

Description

Located in the desirable area of Westbury Avenue, London, this charming mixed use property presents an excellent opportunity for both investors and homeowners alike. Spanning an impressive 861 square feet, the property features two well-proportioned bedrooms and a welcoming reception room, perfect for relaxation and entertaining.

The asking price for the freehold of 40 Westbury Avenue, N22 6RS, is set at £890,000. This property not only offers a comfortable living space but also comes with a lucrative investment aspect. The ground floor is currently let on a secure 10-year lease, which commenced on 23rd June 2017, with rent reviews every three years. The current annual rent stands at £16,600, with the next review scheduled for June 2026.



Moreover, the current tenants are actively marketing their business, which includes an option for a new 10-year lease with the rent increasing to £21,000 per annum. This presents a promising opportunity for potential buyers looking to benefit from a steady rental income. Additionally, the tenants also rent the back of the property, further enhancing the income potential.

This property is ideally situated, offering easy access to local amenities and transport links, making it a convenient choice for those who wish to enjoy the vibrant lifestyle that London has to offer. Whether you are looking to invest or seeking a new home, 40 Westbury Avenue is a property that merits your attention.

Brochures

Westbury Avenue, Londonwebsitewebsite
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.
Band: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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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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Westbury Avenue, London

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About Star Estates & Lettings Ltd, London

400-402 West Green Road, London, N15 3PX

Profile

Star Estates is a highly successful agency selling and letting residential and commercial property throughout the North London and Birmingham areas.

We have been established for over 12 years and managing over 600 properties for our landlords, we are one of the largest estate and lettings agents in North London and our continued growth has ensured that we now have an established presence in Birmingham.

Experience

Our professional and enthusiastic staff have over 50 years combined experience covering sales, lettings, management, maintenance, renovations, conversions and construction of properties.

Specialisation

Property Management is an area of expertise which drives the success of the organisation. Landlords are confident that their properties are in safe and trustworthy hands. We also target properties both residential and commercial for sale to prospective private buyers on investors at competitive prices.

For further information regarding our services, or any general property enquiries, please do not hesitate to contact us. Our staff are always willing to help with any enquiries.

Your mortgage

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Monthly repayments
£4,140
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Disclaimer - Property reference 33967966. 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 Star Estates & Lettings Ltd, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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