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23 Wilton Place, Gayton Road, Harrow, Middlesex HA1 2HJ
Residential Investment - 23 Wilton Place, Gayton Road, Harro
23 Wilton Place, Gayton Road, Harrow, Middlesex HA1 2HJ
Withdrawn
£150,000+
Key Features
1 Bed Flat - Gross Yield 10.8%
In the same ownership for over 25 years 6 Week Completion
Current published rent £16,200 pa
Published gross yield 10.8%
Tenure: Leasehold for a term of 999 years at a peppercorn ground rent.
Description
1 Bed Flat - Gross Yield 10.8% In the same ownership for over 25 years 6 Week Completion Located within this attractive modern purpose-built block comprising a Self Contained 1 Bed Flat on the second floor. The property benefits from: Gas Central Heating uPVC Double Glazing Entry Phone 1 Non-designated parking space Communal Garden area Tenure: Leasehold for a term of 999 years at a peppercorn ground rent. Tenancy: The property is let on a Periodic Tenancy (formerly an AST) to an Individual at a current rent of £16,200 per annum exclusive (£1,350 pcm). £1,350 Rent Deposit held.
Accommodation
(measurements to maximum points) Second Floor Flat Bedroom 14'4" × 11'0" (plus store room) Living Room 14'4" × 12'9" Kitchen 11'5" × 7'1" Bathroom/WC 9'2" × 6'1" GIA Approx. 553 sq ft
Location
Located at the junction of Gayton Road and St Johns Road in this highly sought after residential area only a short walk from both Harrow-on-the-Hill and Northwick Park Stations (Metropolitan Line) and less than 300 metres from the multiple shopping facilities of Station Road and the St Ann's Shopping Centre. Harrow is a thriving commercial hub located between Stanmore, Pinner and Wembley, with good road links to the A40, A406 and M1 and approx. 11 miles north-west of Central London.
Auctioneer Source Facts
Current Published Rent | £16,200 pa |
Auctioneer Published Gross Yield | 10.8% |
Tenancy | The property is let on a Periodic Tenancy (formerly an AST) to an Individual at a current rent of £16,200 per annum exclusive (£1,350 pcm). £1,350 Rent Deposit held. |
Investment Analysis
Investment Snapshot
Guide Price | £150,000+ |
Refurbishment / Works Budget | HB indicative £8,000–£50,000 |
Purchase + Works | £158,000–£200,000 |
Estimated GDV / Value | £172,500–£217,500 |
Estimated Rent / Income | £600–£2,500 pcm equivalent |
Potential Annual Income | £7,200–£30,000 pa |
Suggested Strategy | Buy-to-Let |
Strategy Recommendation
Initial strategy: Buy-to-Let. Verify the legal pack, tenancy schedule, title, condition, finance and local market evidence before fixing a maximum bid.
Works Required
Obtain a survey and contractor quotations. Allow for services, compliance, repairs, decoration and any structural, roofing, fit-out, common-parts or development works identified.
Rental & Market Context
Where the auctioneer publishes passing rent, that figure should take priority over HB modelling. Otherwise, HB income/value figures are indicative appraisal ranges and require local verification.
Sold within approximately 5 miles
Check recent HM Land Registry transactions and closely matched commercial or residential comparables for tenure, covenant, size, condition and location.
Potential BRRR Position
Refinance potential depends on lender valuation, lease/title, income covenant, completed condition and stress testing. Commercial and mixed-use assets may require specialist finance.
Flip Analysis
Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.
Investor Risks & Due Diligence
Read the complete legal pack and special conditions
Verify tenure, occupational leases and rent schedule
Inspect condition and obtain contractor quotations
Confirm planning/use class and development constraints
Confirm finance, VAT and insurance position
Allow for Barnett Ross administration fee and any seller costs in the legal pack
Recommendation
Proceed only where verified total project cost and income support the intended buy-to-let strategy with adequate contingency and margin.
Strategy Rating
Commercial Income: ★★★★☆ | Development: ★★★☆☆ | Resale: ★★★☆☆
Auction Details :
Barnett Ross
Auction Date :
10/09/26
Lot Number :
021
Property Location:
23 Wilton Place, Gayton Road, Harrow, Middlesex HA1 2HJ
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