£2,500,000

Block of flats for sale

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Offers over

£2,500,000

(£497.02/sq. ft)

Block of flats for sale

Hamilton Road, London NW11

5,030 sq. ft

Local area information

Property location

Nearby amenities

  • Talmud Torah Tiferes Shlomoh 0.1 miles
  • Brent Cross 0.1 miles
  • Menorah Primary School 0.2 miles
  • Golders Green 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Brent Cross, Brent and Child's Hill to find out more about the local area.

Features and description

Located in Golders Green, 3-minute walk to Brent Cross Underground Station.

The property is arranged over lower ground, ground, first and second floors and comprises one retail unit and seven flats.

The commercial premises is let to wcf London Limited on a 5 year lease expiring 20th April 2028.

The seven units are arranged as 2 x studios, 1 x 1 bedroom, 4 x 2 bedroom flats, and all let on Assured Shorthold Tenancy agreements.

Comprising 5,030 sq ft gia (467 sq m).

Total current passing rent £161,393 per annum.

The property benefits from an immediate reversion, with an Estimated Rental Value of £195,200 per annum.

Offers in Excess of £2,500,000 (Two Million Five Hundred Thousand Pounds) subject to contract and exclusive of vat.

A sale at this level reflects a Net Initial Yield of 6.07%, reversionary yield based on the quoted erv of 7.34%, and a very low Capital Value of £497 per sq ft.

Floor plans and tours

Floor plans (1)

1 floor plan available

View the floor plan to understand the space and layout of this property.

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. North London
  5. Brent Cross
  6. Hamilton Road