read more articles

Kilburn, London NW6

Two blocks containing 23 self-contained flats.

The property is located in the popular area of Kilburn, in North West London, within the London Borough of Camden.

We purchased this property for £2.675m, on behalf of our client, and agreed with the council to lease 18 flats in the first block to them for 10 years.

They took the 18 flats on lease for 10 years at £175k per annum rising with RPI and in return they gave us £550k for the works in the property.

The five flats in the second block are let on assured shorthold tenancies generating around £72k per annum rental.

We are currently refinancing this property and Savills has valued this property at £4.765m. The investors will pull out most of their invested money and still get a good rental income.

The value of this property will still be rising and we can keep remortgaging it.

We plan to add another £1m to the value of the property by adding six studio flats to the first block.

We are also planning to purchase the freehold of the property which will give our clients another £80k per annum income.

Register with us now to receive emails about our property opportunities, articles and event information!

Sow & Reap will process the data you submit for the purposes of emailing you property opportunities, articles, and event information. Only supply your phone number if you are happy to be telephoned by us regarding the same, otherwise please enter 0. In the comments box, please write “Consent to SMS” if you would like to be occasionally notified of property opportunities and our events via SMS.
Please only click ‘Send’ if you consent to Sow & Reap processing your data for this purpose.

Get to know us

If you want to know more about how investing in Central London property can get you great results, then don't hesitate to give us a call.

Sow & Reap

Meridien House,
42 Upper Berkeley Street,
London, W1H 5PW

T: 0207 993 0103

Sow & Reap

1008, Gala Empire,
Opp. Doordarshan Tower,
Drive-in Road, Thaltej,
Ahmedabad - 380052
Gujarat, India