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Highgate Road, London, NW5

PROPERTY TYPE

Block of Apartments

BEDROOMS

8

BATHROOMS

4

SIZE

5,396 sq ft

501 sq m

TENURE
Describes 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

  • Commercial unit + basement
  • Two spacious 4-bedroom flats above
  • Potential to extend into the lofts (STPP)
  • Income-producing asset
  • Excellent scope for future growth

Description

Prime Freehold Investment Opportunity

A rare opportunity to acquire a substantial freehold building in one of North West London’s most vibrant and well-connected locations. Ideally positioned between Kentish Town, Camden and Gospel Oak, with Hampstead Heath just moments away, this mixed-use property comprises a ground floor commercial premises with basement accommodation and two substantial self-contained maisonettes above.

Currently generating approximately £113,000 per annum, the property provides an attractive income from day one whilst offering excellent scope to enhance both rental returns and long-term capital value.

The commercial premises are let on a renewable lease at £42,500 per annum plus VAT, with clear potential for future rental growth as comparable units in the area are achieving significantly higher rents.

The residential element comprises two spacious four-bedroom maisonettes arranged over the first and second floors. Both properties offer potential to extend into the loft space, subject to the necessary planning consents, providing further opportunity to add value.

Perfectly placed for Kentish Town, Camden and Hampstead Heath, the property benefits from excellent transport links, strong tenant demand and the vibrant mix of independent cafés, restaurants and local amenities that make this part of London so sought after.

Tenure: Freehold

Viewings strictly by appointment through Finchleys Estates.

 

Disclaimer

Finchleys have prepared these details in good faith for general guidance only. All measurements, floor plans, photographs and property descriptions are approximate and should not be relied upon as statements of fact. Fixtures, fittings, appliances, heating systems and services have not been tested, and we cannot confirm their condition or functionality.
No information contained within these particulars forms part of any offer, contract or tenancy. Prospective purchasers and tenants must satisfy themselves by inspection, independent surveys and legal advice.
Finchleys reserve the right to amend or remove listings without notice, and all properties are offered subject to contract and availability.

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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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Highgate Road, London, NW5

Approximate location

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Affordability

Monthly repayments£11,534
Property: £ 2,300,000
Deposit: £ 230,000
Interest rate: 5.33%
Term: 30 years
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About Finchleys, Finchley

11 - 11a Station Road, London, N3 2SB
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Since opening our office in Station Road, Finchley Central, North London in 2009, Finchleys have become a well-respected independent Estate Agent specialising in Sales, Letting and Property Management.

We have built ourselves an enviable reputation for experience and service with Landlords, Tenants, Vendors and Purchasers.

It is reassuring to know that one company has retained its identity and still believes in the traditional values of achieving results through our customer service and experience.

The staff at Finchleys are a committed team who believe that customer care is the ultimate priority.

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Disclaimer - Property reference be07db92-7da1-42f9-9f75-882c52cc427e. 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 Finchleys, Finchley. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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