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Netherhall Gardens, Hampstead, NW3

£1,900,000

Business rates & charges may apply

Chestertons, Capital Markets
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SECTOR

Residential development for sale

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2

Key features

  • Freehold Residential Investment
  • - Two flats in hand; current income is £61,940 p.a., with an estimated potential of £70,200 p.a.
  • - One short lease (50 years)
  • - Six flats held on long leases with ground rental income
  • - Development potential on ground floor flat, subject to planning.

Description

This is a residential investment opportunity in one of London's affluent neighbourhoods, comprising 9 flats. Two flats are currently occupied with rental growth potential, while one lease has been sold with 50 years remaining. There are 6 long leasehold interests, generating a gross income of £61,940 per annum. The estimated rental value (ERV) is up to £70,200 per annum, indicating potential for increased income.

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Netherhall Gardens, Hampstead, NW3

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Finchley Road & Frognal Station0.2 miles
  • Hampstead Station0.3 miles
  • Finchley Road Station0.3 miles

Notes

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Disclaimer - Property reference VAL230002. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Chestertons, Capital Markets. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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