Hamilton Road, London, NW11
- PROPERTY TYPE
Detached
- BEDROOMS
11
- SIZE
5,030 sq ft
467 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 3 minutes walk to Brent Cross Station
- Arranged over lower ground, ground, first and second floors
- retail unit and 7 flats
- current passing rent £161,393 per annum
- ERV of £195,200 per annum
- Net Initial Yield of 6.07%
- Reversionary Yield of 7.34%
- Very low Capital Value of £497 per sq ft
- 2 x studios, 1 x 1 bedroom, 4 x 2 bedroom flats
Description
The property is arranged over lower ground, ground, first and second floors and comprises one retail unit and seven flats.
The commercial premises is let to WCF London Limited on a 5 year lease expiring 20th April 2028.
The seven units are arranged as 2 x studios, 1 x 1 bedroom, 4 x 2 bedroom flats, and all let on Assured Shorthold Tenancy agreements.
Comprising 5,030 sq ft GIA (467 sq m).
Total current passing rent £161,393 per annum.
The property benefits from an immediate reversion, with an Estimated Rental Value of £195,200 per annum.
Offers in Excess of £2,500,000 (Two Million Five Hundred Thousand Pounds) subject to contract and exclusive of vat.
A sale at this level reflects a Net Initial Yield of 6.07%, reversionary yield based on the quoted ERV of 7.34%, and a very low Capital Value of £497 per sq ft.
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Hamilton Road, London, NW11
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Visit our security centre to find out moreDisclaimer - Property reference HamiltonRoad. 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 ESTATE OFFICE INVESTMENTS LIMITED, London. 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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