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Fleet Road, Hampstead, London, NW3

PROPERTY TYPE

Apartment

BEDROOMS

6

BATHROOMS

2

SIZE

1,647 sq ft

153 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Hampstead NW3 – HMO Investment
  • 6 Double Bedrooms
  • 2 Kitchens/Reception Rooms
  • 2 Bathrooms
  • Roof Terrace
  • Licensed HMO for up to 9 occupants
  • Annual rental income: £79,820
  • Development Opportunity

Description

Hampstead NW3 – HMO Investment with Development Potential.

An opportunity to acquire a registered HMO property in the desirable South End Green area of Hampstead. The property occupies a prominent corner position at the junction of Fleet Road and Agincourt Road.

The location offers immediate access to the popular cafés and independent shops of South End Green and is within walking distance of Hampstead Village, Parliament Hill Fields and Hampstead Heath. Excellent transport links are also nearby, making the property attractive for tenants.

Current Investment

Licensed HMO for up to 9 occupants

Currently let to 6 tenants

Annual rental income: £79,820

Potential to increase occupancy and improve rental yield

Development Opportunity

Planning consent was granted by Camden Council in March 2023 (Ref: 2022/3791/P) for the conversion into three self-contained flats, each designed as 2-bedroom, 2-bathroom units. The scheme includes a proposed change of use to C3 residential, subject to freeholder approval.

This provides an opportunity to reposition the asset and realise additional value in one of North London’s most desirable residential areas.

With the combination of strong existing rental income, scope for increased occupancy, and approved development potential, this property presents a compelling investment opportunity in the sought-after NW3 postcode.

Brochures

Fleet Road, Hampstead, London, NW3Brochure
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.
Band: E
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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Fleet Road, Hampstead, London, NW3

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About ADN Residential, Hampstead, London

7, 12 Heath Street, London, NW3 6TE

ADN is a boutique property agency located in the heart Hampstead Village. We offer a range of property services, including Sales, Lettings, Property Management, Investments and Design & Build, covering all areas of London.

The company prides itself on being one of the only hybrid agencies in the area by combining all the benefits of a traditional high-street agency, with the extensive reach, exceptional service and best in class exposure of a fully-fledged brokerage.

Affordability

Monthly repayments£5,017
Property: £ 1,100,000
Deposit: £ 110,000
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference 34526369. 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 ADN Residential, Hampstead, 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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