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Roderick Road NW3

Residential Investment Opportunity Hampstead London
For sale
  • Two adjoining properties currently arranged as 12 self contained flats over Ground, First, Second and Third Floors.
  • Ideally located within 0.7 miles from Belsize Park Underground Station (Northern Line) and 0.6 miles from Hampstead Heath Station (Overground).
  • GIA 4,411 sq ft.
  • 55 Roderick Road comprises 6 residential flats (3 x studios and 3 x 1 beds).
  • 57 Roderick Road comprises 6 residential flats (3 X studios and 3 x 1 beds).
  • Fully let producing a current passing rent of £217,280 per annum.
  • We believe the open market Estimate Rental Value is in the region of £240,000 per annum.
  • The properties benefit from planning consent by way of certificate of lawfulness from Camden Council for use as 12 X self-contained units.
  • Both properties have been recently refurbished to a high standard.
  • Freehold.
  • Both properties have potential for mansard extensions subject to obtaining the necessary consents.

Offers In Excess Of £3,000,000 (Three Million Pounds) subject to contract, which reflects a low capital value of £680 psf and a Gross Yield of 7.25%.

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