Book a Viewing
To book a viewing for this property, please call Finchleys, on 02083461180.
To book a viewing for this property, please call Finchleys, on 02083461180.
Mixed Use, Highgate Road, London, NW5
Highgate Road, London, NW5
Finchleys
Finchleys Estate Agents, 11 Station Road
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.
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
Property Details
- Property type: Mixed Use
- Price Per Sq Foot: £463
- Approx Sq Feet: 5,396 sqft
- Plot Sq Feet: 5,396 sqft
- Council Tax Band: TBD
Floorplans
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