3, Park Road, WEMBLEY, Middlesex, HA0 4AS

Description

Leasehold ground floor maisonette 58 years remaining on lease Location: The property is located on Park Road. Shopping amenities can be found locally within Wembley and Alperton, with a more comprehensive range of shops, bars and restaurants found within Central London to the south east. Public transport links are available at Wembley Central Train Station (Bakerloo Line) to the north and Alperton Underground Station (Picadilly Line) to the south west along with a network of local bus services serving the surrounding areas. The property is served by road links including the A4089 to the west and A406 to the east. Recreational pursuits can be found at Barham Park to the north west and King Edward VII Park to the north. Accommodation: Two bedrooms, reception room, kitchen, bathroom/wc EPC Rating: D Council Tax Band: B Lease: Held on a lease for a term of 99 years from 25/12/1985 at a ground rent of £150.00 per annum. To view: Strictly by arrangement with the auctioneers.

Location

The property is located on Park Road. Shopping amenities can be found locally within Wembley and Alperton, with a more comprehensive range of shops, bars and restaurants found within Central London to the south east. Public transport links are available at Wembley Central Train Station (Bakerloo Line) to the north and Alperton Underground Station (Picadilly Line) to the south west along with a network of local bus services serving the surrounding areas. The property is served by road links including the A4089 to the west and A406 to the east. Recreational pursuits can be found at Barham Park to the north west and King Edward VII Park to the north. Accommodation: Two bedrooms, reception room, kitchen, bathroom/wc

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£15,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

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

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. 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: ★★★☆☆