Modern home living in the heart of London
Flat 38, Bronwen Court, Grove End Road, London, NW8 9RX
£760/SqFt
Residential Apartment
1
947 SqFt
3
A 3 bedroom flat conveniently located between St. John’s Wood and Maida Vale underground stations and purchased by a pair of overseas Turkish and Singaporean investors. A £720,000 purchase price was negotiated below market value in 2015 to current 2024 market valuation of £980,000, a 36% increase in value over 8 years.
The flat has been rented out to existing tenants with no breaks for 8 years.
Only £12,000 additional capital was required to upgrade the bathroom and hallway since purchase.
Original rent was £2,350 in 2014 and current 2024 market rent is £3,320, an increase in 41.3% rental price.
PRIME LOCATION
The property is situated near the Beatles famous Abbey Road Studios, and is conveniently located for St. John’s Wood underground station.
Nearby sporting opportunities include Lord’s Cricket Ground which is located right behind the property and The Regent’s Park which is also in close proximity.
Primrose Hill can be found less than 2 miles from the property and is known to be popular lookout point that offers great views of the London skyline.
Nearby road communications are via the A41 which also provide routes to the north via the A1(M) and the M1
© 2024 VALUE INVEST ALL RIGHTS RESERVED
© 2024 VALUE INVEST
ALL RIGHTS RESERVED
