About the Property
A small recording studio complex of 4 rooms all with tie lines into a shared vocal booth.
Communal lounge with kitchen facilities, WC.
5 mins walk from Kensal Rise Overground / Kensal Green tube
The income generated from rentals is as follows:
Room 1 £900
Room 2 £950
Room 3 £950
Room 4 £750
Total income currently = £3,550
It costs approx £1800 per month to run (ground rent & bills) – this is an ongoing liability, which is separate from the £80k premium
Monthly profit from rental income approx £1,750
Annual net profit £21k