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Area statsResidential development for sale
Fleet Road, South End Green, NW3
Residential development
6 beds
Key information
Tenure: Leasehold | 176 yrs left
Ground rent: £10 per annum | review period: unconfirmed
Service charge: £1,158.27 per annum
Council tax: Band E
Mobile signal:
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Features and description
- 2
- 6
- 1
- Residential Development
- Hmo
- Leasehold with approximately 176 year(s) remaining
A registered HMO investment property for sale, situated above commercial premises in the sought-after location of South End Green, on the corner of Fleet Road and Agincourt Road. This prime location is close to Parliament Hill Park and Hampstead Village, offering excellent transport links, Hampstead Heath, and a vibrant café culture right on its doorstep.
The property is a spacious two-floor maisonette spanning 1,651 sq ft and comprises of six bedrooms, one reception room with kitchen, a separate eat-in kitchen, a roof terrace, a bathroom with bath, shower and toilet, a separate toilet and an additional shower room. It holds an HMO license for nine occupants but is currently let to six tenants, providing a clear opportunity to improve the rental yield.
The current annual rental income is £79,820 pa which is a 7.25% return.
Planning was granted in March 2023 to convert the maisonette into three self contained two bedroom, 2 bathroom flats which has the added advantage of changing the planning status to C3, subject to Freeholders consent. For further documentation please refer to the Camden Council Planning Portal using reference 2022/3791/P.
The property is held on a leasehold with 176 years remaining.
The property is a spacious two-floor maisonette spanning 1,651 sq ft and comprises of six bedrooms, one reception room with kitchen, a separate eat-in kitchen, a roof terrace, a bathroom with bath, shower and toilet, a separate toilet and an additional shower room. It holds an HMO license for nine occupants but is currently let to six tenants, providing a clear opportunity to improve the rental yield.
The current annual rental income is £79,820 pa which is a 7.25% return.
Planning was granted in March 2023 to convert the maisonette into three self contained two bedroom, 2 bathroom flats which has the added advantage of changing the planning status to C3, subject to Freeholders consent. For further documentation please refer to the Camden Council Planning Portal using reference 2022/3791/P.
The property is held on a leasehold with 176 years remaining.
Area statistics
Crime score
High crime
10/10
About this agent
Goldschmidt & Howland Estate Agents are the leading professional Sales and Lettings Agency in the North, North West and West London areas. Specialising in property for sale, property for rent, property developments, property management and a range of property services. Having been established since 1888 we have a unique understanding of the areas we cover and what they have to offer, with essential information gathered from a wide range of sources.