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2 bed Flat For Sale £325,000
Lyon Road, Harrow-On-The-Hill, Harrow HA1


Description
Earn instant income on this already tenanted investment opportunity in an unrivalled location with excellent transport links!

A well presented two bedroom fifth floor apartment located in popular Platinum House. This modern apartment block benefits from a gymnasium and onsite pool. The apartment itself comprises two double bedrooms, a family bathroom, en-suite to master bedroom, open plan lounge/kitchen, spacious balcony with views and allocated parking.

Platinum House has fantastic transport links with both South and West Harrow Underground stations, as well as Harrow on the Hill train station - all of which are within walking distance from this property. This enables residents to easily access the Greater London area - including central London which is only a 25 minute journey away, making it ideal for commuters. Harrow's high street and independent shops, cafe's, restaurants and bars are a stones throw from Platinum House, making it a popular development for residents. Harrow has plenty of amenities to enjoy, including tours of the famous Harrow School, lots of different museums and a golf course which offers a full course for experts, lessons and even a mini-golf course.

Harrow-on-the-Hill's close proximity to London ensures that rental demand is always high in this area as more people want a small town or village feel away from the city, whilst still being close to the centre of London. Harrow benefits from property prices which are 30.1% lower than the London average and yet prices have grown by over £100,000 in the last 5 years alone. This incredible property is sure to have a lot of interest so enquire today!

Harrow will be linked directly to Crossrail and HS2 by an extension from Old Oak Common, just 3 miles from the borough’s edge. Those links are intended to stimulate development of the £1.7 billion, 5,500-home Heart of Harrow housing zone.

Financial Breakdown

Gross rent: £15,540
Ground rent: £225
Service charge: £3,000
Lettings fees: £0
Net income: £12,315
Gross yield: 4.78%
Net yield: 3.79%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16937

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