Block of apartments for sale

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Block of apartments for sale

1 Wilmot Place, Camden, London, NW1 9JS
£5,000

Our Summary

  • Auction Sale - 17/06/2025

Description

A freehold ground rent investment property is being sold at auction, comprising a four-storey semi-detached building with seven self-contained flats, all sold off on lease with varying unexpired terms. The ground rent is currently let at £800 per annum and will rise in line with the increasing unexpired terms. The property is located on Wilmot Place, with nearby amenities on Royal College Street and road links via the A503. The flats are let on 125-year leases, with ground rents ranging from £100 to £150 per annum. The property offers a steady income stream and is a great opportunity for investors seeking a ground rent investment.