Stunning 1 bedroom apartment in Wembley. New development. 10 min by train to Marylebone.

Price on request

Total area
60 m²
Bedrooms
1
Bathrooms
1

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Features

Total rooms: 4
7 floor
Built in 2013
Balcony or terrace
Garden
Car parks

This splendid 1 bedroom flat sits on the 7th floor of a new development next to Wembley Stadium.

From its windows, you can cherish open views over London, letting your eyes spanning through the Shard and London Eye.

The 1 bedroom flat comprises a large double bedroom, spacious fully tiled bathroom and open plan kitchen/living room. From the balcony, you have access to the private balcony.

The 1 bedroom flat is presented in immaculate conditions and is a very suitable solution for the first-time buyer (having a mortgage approved on a similar property would be easy) and investor looking for a rental yield over 4% (a rarity in London).

The block offers to its residence various advantages. On the second floor, children can access the safe and leafy playground. Adults will instead have access to the 2 roof terrace and garden on the topper floors.

The apartment comes also with a private underground parking space. Have a parking space is also a rarity in 1 bedroom flat available in new developments. The lucky buyers will also the possibility to rent out the parking space at the rate of £ 800 pa or to rent it during the special events ran at the Wembley stadium.

Porterage services are also available.

Amongst the various benefits this block can offer, there is also the possibility to enroll the gym on the ground floor for half of the price and with a rolling contract.

Specification

Lease: 120 years remaining
Size: 537 SQ. FT.
Service Charges: £ 1,070 pa
Ground Rent: included in the service charges
Parking: private underground parking included in the sale, with the possibility to let it out.
Rental Potential: £ 1,400 per month with a 4.2% rental yield.

Location and nearby infrastructure

Wembley is a beautiful and safe are of North London. This area is a popular choice for families, and parents will find a good selection of schools here, including faith schools and independents. There are over fifteen primaries in the area, and secondary schools include the highly rated Preston Manor School.

The two major attractions in the area are the famous 90,000 capacity stadium and the SSE Arena (hosting concerts, shows, standup comedy and sports events). For a more serene experience, visit the Sanatan Hindu Temple, with its elaborate Jaisalmer limestone carvings. If you’re shopping in Wembley, you can pick up a bargain at the London Designer Outlet or visit Wembley Central Shopping Centre.

The Jubilee and Metropolitan lines serve Wembley Park (in Zone 4), while overground trains and the Bakerloo Line run through Wembley Central. Wembley Stadium station is on the Chiltern rail line and whisks you to Marylebone Stadium in only 10 minutes!

Wembley presents also a vivid cultural scene and various shops, restaurant and boutique by walking distance from the flat.

Property on the map

Location right down to the building, street or city
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If this property wasn’t for you, take a look at other apartments for sale in the United Kingdom.

You can see more apartments for sale in London elsewhere on our website.

How to buy property with Tranio

Enquiry

Send us an enquiry with an approximate description of the property or investment project you’re interested in.

Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

FAQs

Can I get a mortgage abroad?

It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

How does the purchase procedure work?

The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

Can a residence permit be obtained by buying property?

In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

Can I obtain income from a seaside apartment?

Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

How does Tranio make money if your service is free for the clients?

We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

Who guarantees the transaction security?

The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.