97 Chamberlayne Road
Kensal Rise
London
NW10 3NN
Chamberlayne Road, Kensal Rise, London, NW10
£1,650,000
6 Bedroom Investment
- COMMERCIAL & RESIDENTIAL INVESTMENT PROPERTY
- SHOP/BASEMENT & 6 BEDSITS ALL CURRENTLY LET & PRODUCING £108,200 PER ANNUM EXCLUSIVE
- SITUATED IN THE HEART OF POPULAR KENSAL RISE AND (NEW) KENSAL RISE CONSERVATION AREA
- SCOPE FOR INCREASING INCOME
- EXCITING OPPORTUNITY TO PURCHASE IN VIBRANT CHAMBERLAYNE ROAD
COMMERCIAL & RESIDENTIAL INVESTMENT PROPERTY PRODUCING £108,200 pa. We are delighted to offer a rare to the market fully Let investment property and situated in this busy and popular location in the centre of Kensal Rise and (new) Kensal Rise Conservation area. Comprising a (Coffee) Shop & Basement Let on an FRI Lease from 2019 for a term of 15 years and at a current rental of £32,000 pa Excl and a residential Upper Part on three floors comprising six bedsit rooms with kitchen facilities and three communal bathrooms all Let on AST's and currently producing £76,200 pa. This is an exciting opportunity for a discerning investor to purchase a Freehold building in vibrant Chamberlayne Road and moments from Kensal Rise (London Overground) station. The tenure is Freehold (subject to the existing tenancies) and the First & Second Floor Council Tax Band is 'D' (London Borough of Brent).
SHOP, BASEMENT & YARD
(Coffee) Shop, Basement & Yard currently Let on a FRI Lease for a term of 15 years from 10th January 2019 (with rent reviews at the 5th and 10th years) at a current rental of £32,000 per annum Excl of business rates.
RESIDENTIAL UPPER PART
FIRST FLOOR
BEDSIT ROOM 1(A)
First Floor (Rear). Currently Let on an AST for a term of 1 year from 21st February 2025 at a current rental of £1,000.00 pcm
SHOWER WC 1
BEDSIT ROOM 2(B)
First Floor (Middle). Currently Let on an AST for 1 year from 27th October 2024 at a rental of £1075.00 pcm.
BEDSIT ROOM 3(C)
First Floor (Front). Currently Let on an AST for 1 year from 10th December 2024 at a rental of £1050.00 pcm
SHOWER WC 2
SECOND FLOOR
BEDSIT ROOM 4(D)
Second Floor (Middle). Currently Let on an AST for a term of 1 year from 2nd May 2024 at a rental of £1075.00 pcm.
BEDSIT ROOM 5(E)
Second Floor (Front). Currently Let on an AST for a term of 1 year from 13th December 2024 at a rental of £1100.00 pcm.
SHOWER WC 3
THIRD FLOOR
BEDSIT ROOM 6(F)
Converted loft room. Currently Let on an AST for a term of 1 year from 1st July 2024 at a rental of £1,050.00 pcm
TENURE - FREEHOLD
The tenure is Freehold and subject to the current Lease of the Shop/Basement and the Assured Shorthold Tenancies of the residential upper part.
The operational condition of the services and appliances connected at the property have not been checked and as such no warranties are offered thereto.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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