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6 bed flat
Fleet Road, Hampstead, London NW3
Planning
£1,100,000
Next Steps
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Our Summary
- Development Opportunity
- Hampstead NW3 – HMO Investment with Development Potential
- Current Investment Licensed HMO for up to 9 occupants Currently let to 6 tenants Annual rental income: £79,820 Potential to increase occupancy and improve rental yield Development Opportunity Planning consent was granted by Camden Council in March 2023 (Ref: 2022/3791/P) for the conversion into three self-contained flats, each designed as 2-bedroom, 2-bathroom units
- With the combination of strong existing rental income, scope for increased occupancy, and approved development potential, this property presents a compelling investment opportunity in the sought-after NW3 postcode
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Description
The property is a two-floor maisonette spanning 1,651 sq ft with six bedrooms, one reception room, a separate kitchen, an eat-in kitchen, a roof terrace, a bathroom with bath and shower, a separate toilet, and an additional shower room.