Wednesday, June 03, 2009

Investment property for sale in London W2

This substantial whits stucco property is excellently located opposite Hyde Park and is close to a wealth of transport facilities including Paddington Station providing International (Heathrow Express), National and City Links, as well as Lancaster Gate and Bayswater tube stations. Marble Arch and Oxford Street are moments away with its comprehensive shopping facilities.

This freehold building has been in the same ownership for the last 18 years and is arranged as 2 large maisonettes and 3 flats. the property also has potential to be converted into a beautiful period house.

The property is currently in a poor state of repair and is in need of a face lift. Currently underlet and producing £80,000pa. ERV is in excess of £150,000pa.

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