TO BE SOLD BY ONLINE AUCTION ON 12TH NOVEMBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS22 Cambrian Green, Snowdon Drive, London NW9 7RHProven 5-year rental history | 6%+ yield | long 117-year lease | popular NW London investment pocketA hands-off, income-producing investment situated within the sought-after Welsh Harp Village development of West Hendon, NW9. Let since July 2020 to a reliable long-term tenant paying £850 pcm, this modern studio apartment delivers a gross yield of around 6%+ at the guide price, with potential to rise toward £1,000 pcm in line with local comparables. The property comprises an entrance hall, open-plan living/bedroom space, fitted kitchen, and bathroom/WC. Positioned on the first floor of a modern purpose-built block, it benefits from landscaped communal grounds and nearby residents’ parking. Well-kept internally and professionally managed via the landlord’s estate, it provides a low-maintenance investment with a proven track record of rent stability. Set between West Hendon and Kingsbury, Welsh Harp Village is a well-established, low-rise development bordering the Brent Reservoir Nature Reserve. Excellent transport links include Hendon Thameslink Station (c.18 mins to St Pancras), Colindale Underground (Northern Line), and convenient road access via the A5, A406, and M1 J1. Nearby are Brent Cross Shopping Centre, Welsh Harp open spaces, and a range of schools and local amenities. The area continues to benefit from major regeneration schemes such as Colindale Gardens and Brent Cross Town, supporting steady capital growth and consistent tenant demand.Lease: 125 years from 30 June 2017 (approx. 117 yrs unexpired, to 2142)Ground Rent: £300 p.a.Service Charge (2025): Approx. £1,740 p.a. (incl. sinking funds)EPC: D Council Tax Band: A (assumed)
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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