£850,000
Chamberlayne Road, Kensal Rise, London, NW10
- 0 beds
£850,000
- 0 beds
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This property on Chamberlayne Road in Kensal Rise presents a compelling mixed-use investment with both stable income and real development potential... spanning approximately 2,521 sq ft across four floors, the building is currently configured with a commercial tenant a longstanding chemist occupying the basement and ground floor. That lease, which generates ?26,400 per annum, is secured under the Landlord and Tenant Act, with a rent review due in 2026 and expiry in 2028. The commercial aspect benefits from strong footfall due to its location on a lively high street surrounded by other established businesses
The first and second floors are arranged as a maisonette, offering roughly 1,260 sq ft of space ideal for conversion. This could take the form of a single spacious apartment, two separate one/two-bedroom flats, or potentially multiple self-contained studio units. Depending on the layout and finish, rental values in Kensal Rise suggest this residential portion could generate upwards of ?3,600 ?4,000 per month. That would push total building income to somewhere in the region of ?70,000 per year.
Kensal Rise is a high-demand area, especially among young professionals and creatives, thanks to its transport links Kensal Green and Kensal Rise stations are both nearby and its thriving bar, caf?, and retail scene. Chamberlayne Road, in particular, is one of northwest London s most active and evolving high streets.
Basement level, Room 1
4.04mx3.05m (13'3x10)Room 2
4.88mx3.66m (16'x12)Room 3
3.81mx3.15m (12'6x10'4)Ground floor, Room 4
7.19mx4.78m (23'7x15'8)Room 5
2.87mx2.44m (9'5x8'0)Room 6
2.84mx1.78m (9'4x5'10)First floor, Room 7
5.08mx4.19m (16'8x13'9)Room 8
4.80mx3.30m (15'9x10'10)Room 9
4.80mx3.30m (15'9x10'10)Guest W.C
2.18mx1.52m (7'2x5'0)Second floor, Room 10
5.23mx4.27m (17'2x14'0)Room 11
6.50mx2.79m (21'4x9'2)Room 12
3.30mx3.25m (10'10x10'8)Exterior of building & street
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