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Westbourne Grove Terrace, London W2 6 bed end of terrace house for sale
Westbourne Grove Terrace, London W2
£2,500,000
Westbourne Grove Terrace, London W2
£2,500,000
Our Summary
- The property does require a full refurbishment with potential to convert the second and third floors into self-contained studio flats
- Potential to refurbish
Description
This elegant Victorian townhouse, converted into five separate apartments, is a lucrative HMO opportunity in the heart of Westbourne Grove. The property is configured over six floors, with a current HMO licence valid for five years, allowing for four letting units with a total occupancy of eight people. The licence is non-transferable, but the new owner can reapply for a new licence. The property requires a full refurbishment, offering potential to convert the second and third floors into self-contained studio flats. With a current annual income of £38,736, this freehold property is situated in a quiet road off Westbourne Grove, just a short distance from boutique shops, cafes, restaurants, and Hyde Park. The nearby underground stations and Heathrow Express make it easily accessible.