31 Noel Road

London, W3 0JD

2,788 sq ft

FREEHOLD RESIDENTIAL INVESTMENT OPPORTUNITY FOR SALE

Summary

Rare opportunity to acquire a fully refurbished residential investment in the heart of Ealing
The property comprises 12 modern self-contained studios, spanning 2,788 sq ft (GIA) over three floors, with a rear garden and front parking area
There is potential for addition massing to increase the overall floor area of the site to the rear (STPP)
New 5-year lease to Stef & Philips Limited, generating £170,000 per annum with no break clauses and upwards only rent reviews
Secured against the undoubted covenant strength of Stef & Philips Limited with a £50m turnover and have a portfolio of over £600m currently in management
Prime location, just a 6-minute walk from Acton Mainline Station (Elizabeth Line), providing direct links into Central London
Offers invited in excess of £2,250,000 (stc) for the freehold interest reflecting a gross yield of 7.5%

Accommodation

The accommodation comprises the following areas:

Name	sq ft	sq m	Availability
1st - Flat 1	180	16.72	Available
1st - Flat 2	213	19.79	Available
1st - Flat 3	127	11.80	Available
1st - Flat 4	182	16.91	Available
1st - Flat 5	207	19.23	Available
2nd - Flat 6	165	15.33	Available
2nd - Flat 7	147	13.66	Available
2nd - Flat 8	186	17.28	Available
2nd - Flat 9	124	11.52	Available
2nd - Flat 10	231	21.46	Available
3rd - Flat 11	177	16.44	Available
3rd - Flat 12	200	18.58	Available
Total	2,139	198.72

Location

31 Noel Road is located in in the affluent borough of Ealing, West London, an area benefiting from excellent transport links. The property is within easy reach of Acton Main Line (Elizabeth Line), providing direct access to Central London and Heathrow. Acton Central (Overground), North Acton (Central Line), and Acton Town (Piccadilly & District Lines) are also nearby.

The area offers a mix of independent cafés, restaurants, and major supermarkets, with Westfield London a short distance away. Green spaces such as Acton Park and Gunnersbury Park provide recreational opportunities, while the A40 and North Circular ensure quick road connections.

Get directions from Google Maps

Mainline Stations

Acton Main Line

3 mins
Acton Central

15 mins
Harlesden

24 mins
Willesden Junction

26 mins

Underground Station

Acton Main Line

3 mins
North Acton

8 mins
West Acton

11 mins
Acton Central

15 mins

Further Information

Price Offers in excess of £2,250,000

Rates Payable Upon Enquiry

Description

This three-storey freehold residential investment measuring 2,788 sqft (GIA), which has recently undergone an extensive refurbishment, delivering 12 high-quality self-contained studio units with modern interior, all equipped with private WC facilities and a kitchenette. The layout consists of five units on the ground floor, five on the first floor, and two on the top floor, all of similar size.

Externally, the property features a spacious rear garden accessible to all tenants, as well as off-street parking at the front.

The property is fully let to Stef & Phillips on a secure 5-year lease with no break clauses, expiring in 2030, generating an annual rental income of £170,000, with upward-only rent reviews in place.

Stef & Philips Limited is a well-established provider of high-quality residential accommodation across the UK, specialising in housing solutions for local authorities and housing associations. The company has built a strong reputation for delivering and managing residential properties, ensuring long-term stability for landlords and investors. With an annual turnover of £50 million and a net balance sheet exceeding £5 million, Stef & Philips demonstrates a strong financial standing, reinforcing their ability to meet rental commitments.