4 Unit Development with High Rental Yield set in a Semi Detached Site on Bassingham Road

Beds: 5

Baths: 4

Receptions: 2

Bassingham Road Wembley Middlesex HA0 4RL

Guide Price

£925,000

1/25

Features

Large Investment property offering Large 1 Bedroom Ground Floor Flat, 2 Studio Flats built on the double storey side extension and 2 a Room Bedsit situated on the first floor

This Semi Detached Development is well presented throughout

Further scope to develop into the loft subject to planning permission

The property benefits from being fully double glazed throughout and is gas centrally heated

Large Drive with off street parking for 2 cars

Large Brick/Concrete Shed at the rear for Storage or a workshop

Great Rental potential of around £5500.00 per month

Superb Location in between Wembley Central, Alperton and Sudbury Town

EPC Rating: TBA

Property Info

An outstanding investment opportunity awaits with this substantial four unit semi detached property, ideally situated in the highly sought after Wembley area. Offered with a guide price of £925,000, this unique development is meticulously presented throughout and boasts an impressive configuration designed for maximum rental yield.

The property currently comprises a spacious one bedroom ground floor flat, two well appointed studio flats built within a double storey side extension, and a two room bedsit located on the first floor. This versatile layout provides immediate income generation, with a projected rental potential of approximately £5,500 per month, making it an attractive proposition for discerning investors seeking a robust return.

Beyond its current income generating capacity, the property offers further scope for development into the loft, subject to obtaining the necessary planning permission. This presents an exciting opportunity to enhance the property's value and expand its living accommodation, catering to future demand.

Comfort and efficiency are assured, as the property benefits from being fully double glazed throughout and features gas central heating, ensuring a warm and energy efficient living environment for all residents. The exterior is equally practical, with a large driveway providing convenient off street parking for two cars, a significant advantage in this popular residential area.

To the rear of the property, a substantial brick and concrete shed offers excellent storage solutions or the potential to be utilised as a workshop, adding further utility and value. The superb location is a key highlight, positioned perfectly between Wembley Central, Alperton, and Sudbury Town. This prime setting ensures excellent connectivity, with easy access to multiple Underground and Overground stations, bus routes, and local amenities, including shops, restaurants, and recreational facilities. Wembley is renowned for its excellent local schools, making it an attractive location for families and enhancing its rental appeal. Nearby educational institutions include Barham Primary School, Wembley Primary School, Alperton Community School (Secondary), and Ark Academy (Primary and Secondary), offering a range of options for all ages.

This property represents a rare chance to acquire a well maintained, high yielding investment in a prime Wembley location with significant potential for future growth. Early viewing is highly recommended to fully appreciate the scope and quality of this exceptional offering.

Material Information

Brent Council Tax Band E £2,732.00 per year

Heating: Gas central Heating

Boiler: Combi Boiler

Parking: Off street parking for 2 cars

Gas & Electric Supplier: TBC

Water & Sewage: Affinity Water

Flood Risk: Very Low

Chain Free

EPC: TBA

Disclaimer

Grey & Co is the seller's agent for this property. We always obtain detailed information from the seller to ensure the information provided is as accurate as possible; however, your legal representative is legally responsible for ensuring any purchase agreement fully protects your interests. Please inform us if you become aware of any information being inaccurate.

Grey & Co have not tested any apparatus, equipment, fixtures, fittings or services. It is the responsibility of prospective purchasers to check the working condition of these items.

To comply with anti-money-laundering regulations, buyers will be asked to provide proof of ID and proof of address, as well as proof of funds and there is a charge of £35.00 per buyer or beneficial owner for anti-money laundering checks, which is payable once an offer has been accepted.

Grey & Co also offer a Lettings and Property Management Service. If you are considering renting your property, are looking at buy-to-let, or would like a free review of your current portfolio, then please call us on the number shown above. We are accredited by the UK's leading professional body Propertymark ARLA/NAEA.

Floor Plans

Floor Plan 1

Map

Amenties

Property Type

House

Property Style

Semi-detached

Parking

Drive

Floor Area

2246 Sq Ft

Tenure Type

Freehold

Council Tax Band

Sewerage

Mains Supply

Water

Mains

Condition

Good

Additional Information

Heating

Central

Electricity

Mains Supply

Broadband

ADSL, CABLE, FTTC

Viewing Options

Unlock Your Property's Potential with Grey & Co

Thinking of selling your property? At Grey & Co, we offer expert guidance and tailored marketing strategies to ensure a successful sale. Let’s discuss how we can help you achieve your goals.

Book a Valuation

Register for Property Alerts

Ever missed out on the perfect property just because you heard about it too late, or the Estate Agent never told you about it as it was slightly outside of your criteria? Never miss out again by using our “Heads Up Property Alerts”.

Looking to Buy Looking to Rent

Meet Abigail

+442038234520

abigail@greyandco.co.uk

  Hello, my name is Abigail, and I am the Grey in Grey & Co. I started working here in 2002 as a Junior Negotiator and have worked my way up the ranks since then. I took over running the company in 2014 and have been enjoying the roller coaster that is leadership ever since.   During my 20 plus years at Grey & Co I have dealt with the sale of over £100,000,000 worth of property and overseen the management of assets worth £250,000,000 for clients around the world.   I also had the pleasure of working with my father, the founder of Grey & Co, for 15 years before he sadly passed away and from him, I learnt the work hard ethic and our values today are still the ones that he founded the company on all those years ago.   Be Remarkable, Be Passionate, Be Humble and Be Better.   As a community centric boutique family agency, you couldn’t find a better partner to take with you on your property journey.

Meet All The Team

HOW TO GET A MORTGAGE

To get a mortgage in Wembley, start by checking your credit score and finances to strengthen your position. Grey and Co Estate Agents can recommend trusted mortgage brokers to help find the best deals. Secure a mortgage agreement in principle, then, after finding a property, complete your full mortgage application. Your estate agent will guide you through this process, ensuring all required documents are in order for approval.

View More Guides

Back to All Properties