SW5 9QQ
Earls Court Road, London, SW5
- 6 Bathrooms
- 6 Bedrooms
- 6 Reception Rooms
- House
- Terraced
- 3923 Approx Sq Ft
- Freehold
Rental Investment Opportunity
Mixed Use Freehold containing commercial premises on ground and lower ground and three upper floors of residential.
The commercial unit is currently rented to Smoke and Pepper a renowned restaurant chain with 21 additional franchises across the UK. They pay an annual rent of £70,000 and are only 7 months into a 10-year tenancy. This unit was completely refurbished by the current tenant just before their tenancy began.
The three storeys of residential units contain 3 one-bedroom flats and 3 studios. All are self-contained and rented via tlc Estate Agents. Tenancy agreements available on request. The combined annual rent of these 6 units is currently £109,019.04. The condition of each flat varies but some have been refurbished recently and are all fully compliant. Heating is only electric in each.
The combined rental income is therefore £179,019.04 pa
Buyer to purchase as a going concern without vacant possession
Please call us for a private viewing appointment. Offers to be received in writing by Wednesday 28th October by 12 noon.
Commercial Unit:
Ground and Lower Ground: Currently rented at £70,000 per year on a 10-year lease with a 3-year break clause. Started 7 months ago.
Residential Upper Floors:
1st Floor
Flat 1: Studio. 255 square feet. Fair condition. Currently rented at £1,600/month (£19,200 per year)
Flat 2: One Bed. 240 sq ft. Very good condition. Currently rented at £1,600/month (£19,200 per year)
2nd Floor
Flat 3: One Bed. 323 sq ft. Good condition. Currently rented at £1,609.92/month (£19,319.04 per year)
Flat 4: Studio. 222 sq ft. Fair condition. Currently rented at £1,300/month (£15,600 per year)
3rd Floor
Flat 5: Studio. 283 sq ft. Good condition. Currently rented at £1,500/month (£18,000 per year)
Flat 6: Studio. 277 sq ft. Good condition. Currently rented at £1,475/month (£17,700 per year) * New Tenancy being agreed at an increased rent of £1650/month (19,800 pa)
• Tenure: Freehold
• Ground Rent: n/a
• Service Charge: n / a
• EPC Rating: All available on request
• Council Tax Band: available on request
• Local Authority: Royal Borough of Kensington & Chelsea
Details are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
tlc Estate Agents are a NAEA & RICS registered agent with Client Money Protection and Members of The Property Ombudsman.
How the asking price has moved
Prices, costs and what's nearby
What homes within 400 m sold for since Nov 2023, by type. Source: HM Land Registry.
Most recent sales
How the average price of terraced houses in Kensington and Chelsea has moved, compared with London overall.
Monthly asking rents for homes advertised within 400 m in the last 3 months, by bedrooms.
Based on the asking price of £2,500,000. Adjust the figures to match your own deposit and rate.
For illustration only — not a mortgage offer or financial advice. Actual repayments depend on your lender, credit profile and product fees.
The closest stations, schools and grocery shops to this home. Straight-line distance, not walking route.
Stations
-
Earl's CourtDistrict Piccadilly210 m
-
West BromptonDistrict Mildmay730 m
-
High Street KensingtonCircle District830 m
Schools
-
CollinghamIndependent Ages 13–19480 m
-
St Barnabas and St Philip's CofE Primary SchoolPrimary State Ages 3–11500 m
-
Wetherby School, KensingtonIndependent Ages 2–8650 m
Distance is not catchment. Check admissions with the school or local council. Source: DfE Get Information About Schools.
Groceries
-
Sainsbury's LocalConvenience store10 m
-
Co-op FoodConvenience store180 m
-
M&S Simply FoodSupermarket310 m
Source: © OpenStreetMap contributors.