No longer on the market
This property is no longer on the market
MapHouse
House
4538
EPC rating: C
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Rare opportunity to acquire an income producing unbroken freehold of 19 self-contained studio C3 apartments, located in West Hampstead
- The substantial residential dwelling extends 4,538 sqft (GIA) and generates a rental income of £322,800pa
- All apartments are finished to a best-in-class specification. All benefiting from a secure rear garden, a private garden room and a communal laundry facility
- The property is situated on Lymington Road, between Finchley Road and West Lane and is within a 10-minute walk to three underground stations: West Hampstead Station (Jubilee, Overground Thames Link),
- Offers in excess of £4,500,000 (stc) are invited for the freehold interest, reflecting a gross yield of 7.1%
Description
10 Lymington Road is a stunning unbroken freehold of 19 high-specification self-contained studio apartments fully tenanted on ASTs.
Residents benefit from access to a secure garden, a private garden room and a communal laundry facility, creating a community-focused environment to enhance its tenant appeal.
The property comprises a detached residential property arranged over lower ground, ground and two upper floors, with a total GIA of 4,538 sqft. Access is via two pedestrian gates, with an additional alleyway down the right-hand side of the building providing direct access to the rear garden and the entrance of Flat 19.
All apartments are finished to a consistent high standard, featuring:
- Laminated flooring
- Tiled shower rooms
- Electric induction hobs
- Underfloor heating
- Individual heating controls
This is a rare opportunity to acquire a high-quality investment property in the affluent West Hampstead area, offering strong rental demand and superb connectivity.
Location
Lymington Road sits within West Hampstead, one of North London’s most affluent suburbs, positioned in the middle of the well-known Finchley Road and West End Lane. The property is fortunately located within walking distance to an array of amenities that local residents benefit from. These include, but are not limited to: Banana Tree, Rosa’s Thai, Gail’s Bakery, Alice House and The Gallery.
The property is also conveniently located for commuters, being within an approximate 5-minute walk to three separate stations, the connectivity of this property is what really sets itself apart. These stations are: West Hampstead Station (Jubilee, Overground Thames Link), Finchley Road Station (Jubilee & Metropolitan Lines), West Hampstead Thameslink.
10 Lymington Road is a stunning unbroken freehold of 19 high-specification self-contained studio apartments fully tenanted on ASTs.
Residents benefit from access to a secure garden, a private garden room and a communal laundry facility, creating a community-focused environment to enhance its tenant appeal.
The property comprises a detached residential property arranged over lower ground, ground and two upper floors, with a total GIA of 4,538 sqft. Access is via two pedestrian gates, with an additional alleyway down the right-hand side of the building providing direct access to the rear garden and the entrance of Flat 19.
All apartments are finished to a consistent high standard, featuring:
- Laminated flooring
- Tiled shower rooms
- Electric induction hobs
- Underfloor heating
- Individual heating controls
This is a rare opportunity to acquire a high-quality investment property in the affluent West Hampstead area, offering strong rental demand and superb connectivity.
Location
Lymington Road sits within West Hampstead, one of North London’s most affluent suburbs, positioned in the middle of the well-known Finchley Road and West End Lane. The property is fortunately located within walking distance to an array of amenities that local residents benefit from. These include, but are not limited to: Banana Tree, Rosa’s Thai, Gail’s Bakery, Alice House and The Gallery.
The property is also conveniently located for commuters, being within an approximate 5-minute walk to three separate stations, the connectivity of this property is what really sets itself apart. These stations are: West Hampstead Station (Jubilee, Overground Thames Link), Finchley Road Station (Jubilee & Metropolitan Lines), West Hampstead Thameslink.
Property information from this agent
About this agent
Robert Irving Burns - Commercial
Robert Irving Burns, Ground Floor,
19 Margaret Street, London,
W1W 8RR
020 8033 7560Commercial Property Agents in London Whether you want to lease your commercial property, or find the right premises to rent, we can help. RIB’s industry insight and expertise guarantee a smooth, seamless process; from marketing and letting, to acquiring the ideal property. Our commercial letting services include both property disposal and property acquisition. We also have a wide selection of London offices, which are available to rent. We work with investors, developers, tenants and property owners alike, assisting with everything from finding great premises, to marketing and letting the property to the ideal business. Commercial property disposal in London can be complex, and finding a suitable tenant is always a top priority. We help with every aspect of this process, including marketing, negotiations, and liaising with solicitors and professional advisors. Our commercial property acquisition service helps tenants find the perfect place to run their business. From negotiating contracts to carrying out an audit of available properties, our team are here to offer support and guidance. And, if you’re searching for offices to rent in London, in areas such as Fitzrovia, Mayfair, Marylebone and Soho, we’ve got some excellent premises for you to choose from. Read on to find out how we can help you.