Maxwell Estates says ..

Property Oracle says ..

This property listing presents a multi-unit residential investment opportunity located on Longstone Avenue in Harlesden, Brent, London. The listing states it’s a Freehold property described as “a purpose-built block of 24 x 2-bedroom flats with communal gardens.” The listed price is £4,250,000. The provided photos depict a block of flats built in a style typical of much of the area; relatively unremarkable, brick-built buildings of modest size. The photos showcase the exterior of the buildings, the surrounding gardens, and what seems to be a communal parking area. The communal gardens are visible, and they look reasonably well-maintained but not particularly extensive. The property’s proximity to Willesden Junction overground station and various schools is a positive factor, suggesting relatively easy access to transport and local amenities, though the specifics of the property, such as the overall quality of the apartments are unknown. The condition of the property from the photographs does appear to be reasonable, but likely requiring some form of refurbishment or modernization. The provided images also illustrate the shared communal spaces which may attract renters but the cost, based on the listing price requires further analysis. It’s crucial to obtain detailed information including the total number of flats, individual apartment sizes, tenancies, and rental income information to form a complete assessment. A comprehensive survey of the buildings’ structural condition is essential before committing to a purchase of this magnitude. With further data, this review may be revisited to offer a more exact analysis of this property and provide a better valuation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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