196 Bilsby Lodge, Chalklands, WEMBLEY, Middlesex, HA9 9DY

Description

Leasehold 2nd floor two-bedroom flat Investment Rent reserved - £19,760 per annum Location: The property is situated within Bilsby Lodge on Chalklands, which lies off The Leadings. Shopping amenities are available locally to the west in Wembley Park, with a further range of shops, bars and restaurants located south in Central London. Public transport links include Wembley Park Station (Metropolitan and Jubilee Lines) together with a network of local bus services, providing access to surrounding areas including Central London. The property is served by road links with the M1 Motorway lying to the north east which provides access to the North. Recreational pursuits can be found in Wembley Park to the west and Neasdon Recreational Ground to the east. Accommodation: Two bedrooms, reception room, kitchen, bathroom/WC EPC Rating: D Council Tax Band: C Tenancy: The property is let on an assured shorthold tenancy at a rent of £1,646 per calendar month. Rent reserved: £19,760 per annum Lease: T

Location

The property is situated within Bilsby Lodge on Chalklands, which lies off The Leadings. Shopping amenities are available locally to the west in Wembley Park, with a further range of shops, bars and restaurants located south in Central London. Public transport links include Wembley Park Station (Metropolitan and Jubilee Lines) together with a network of local bus services, providing access to surrounding areas including Central London. The property is served by road links with the M1 Motorway lying to the north east which provides access to the North. Recreational pursuits can be found in Wembley Park to the west and Neasdon Recreational Ground to the east. Accommodation: Two bedrooms, reception room, kitchen, bathroom/WC

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

The auctioneer-published rent identified in the source is approximately £19,760 per annum.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

• Verify tenancy documents, rent history and deposit compliance

Recommendation

Preferred strategy: Long-Term Buy-to-Let. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆