97 Chamberlayne Road
Kensal Rise
London
NW10 3NN
Chamberlayne Road, Kensal Rise, London, NW10
£1,895,000
7 Bedroom Investment
- FREEHOLD COMMERCIAL & RESIDENTIAL INVESTMENT PROPERTY
- PRODUCING £129,560 PER ANNUM
- BASEMENT FLAT, SHOP & RESIDENTIAL UPPER PARTS FULLY LET
- SITUATED IN CENTRE OF VIBRANT KENSAL RISE AND (NEW) KENSAL RISE CONSERVATION AREA
COMMERCIAL & RESIDENTIAL INVESTMENT PROPERTY PRODUCING £129,560 PER ANNUM. This is an exciting opportunity for a discerning investor to purchase a rare to the market fully Let investment property comprising a converted Basement flat with 1 bedroom, reception & open plan kitchen, bathroom/wc and rear garden currently Let on an AST at £1995.00 pcm, a Ground Floor Shop (Class 'E' usage) Let on an FRI Lease from 2021 for a term of 12 years at a current rent of £26,000 pa Excl and a residential Upper Part on three floors comprising six bedsit rooms (one a mezzanine) with kitchen facilities and three communal bathrooms all Let on AST's and producing £6635.00 pcm. This property is situated in this busy and popular location in the heart of vibrant Kensal Rise and (new) Kensal Rise Conservation Area. The tenure is Freehold (subject to the existing tenancies) and the Council Tax Bands are 'D' (First & Second Floor) and 'C' (Basement) (London Borough of Brent).
BASEMENT CONVERTED FLAT
Accommodation arranged as 1 double bedroom, reception & open plan kitchen, bathroom/wc and rear garden. Currently Let on an AST for a term of 1 year from 27th April 2025 at a rental of £1995.00 pcm.
GROUND FLOOR - SHOP
With Class 'E' usage and currently Let on an FRI Lease for a term of 12 years from 1st March 2021 (with rent reviews at the 4th and 8th years) at a current rental of £26,000 per annum Excl of business rates.
RESIDENTIAL UPPER PART
FIRST FLOOR
BEDSIT ROOM 1(A)
First & Second (Mezzanine) Floor (Rear). Currently Let on an AST for 1 year from 18th June 2024 at a rental of £1250.00 pcm.
BEDSIT ROOM 2(B)
First Floor (Middle). Currently Let on an AST for a term of 1 year from 26th June 2024 at a rental of £1050.00 pcm.
SHOWER WC 1
BEDSIT ROOM 3(C)
First Floor (Front). Currently Let on an AST for 1 year from 29th July 2024 at a rental of £960.00 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 13th June 2024 at a rental of £1075.00 pcm.
BEDSIT ROOM 5(E)
Second Floor (Front). Currently Let on AST for a term of 1 year from 5th March 2025 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 23rd September 2024 at a rental of £1200.00 pcm.
TENURE - FREEHOLD
The tenure is Freehold and subject to the current Lease of the Shop and the Assured Shorthold Tenancies of the Basement & Upper parts.
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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