Block of flats for sale in Roderick Road, London NW3

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%.