3,152 Sq Ft
POA
  • Ref: 154626
  • Type: Investment
  • Availability: Sold
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Property Summary

For Sale - Unbroken Freehold Investment

Full Details

The property comprises a mid-terrace four storey building. The flats were fully refurbished in 2015/2016, each benefitting from front and rear double-glazed windows, walk in shower and open plan living, kitchen and dining area.

The first floor two-bedroom has the addition of a second bedroom with ensuite and two private balconies overlooking Regents Park Road. Both balconies were tanked in January 2023.

Location
Regents Park Road is a vibrant village in Primrose Hill. Nestled in one of London's most prestigious and desirable neighbourhoods. Situated just a minutes’ walk from the Primrose Hill Park, this location offers a harmonious blend of natural beauty and urban sophistication. This charming enclave is known for its boutique shops, stylish cafes, and fine dining establishments. Residents can enjoy leisurely strolls along the quaint streets, browsing through independent boutiques, and savouring culinary delights in trendy restaurants.

The area surrounding Regents Park Road is renowned for its picturesque streets, lined with elegant period properties and tree-lined avenues. Primrose Hill itself is a charming and affluent neighbourhood, attracting residents who appreciate its tranquil ambiance and village-like atmosphere.

One of the highlights of this location is its proximity to Regents Park, one of London's most iconic green spaces. Spanning over 400 acres, Regents Park offers a wealth of recreational opportunities, including beautifully manicured gardens, a boating lake, sports fields, and a world-famous open-air theatre.

The location is also well-connected to the rest of London, with excellent transport links nearby. The nearest Underground station, Chalk Farm, on the Northern Line provides easy access to central London, making commuting and exploring the city effortless.

Tenancy
Unit 79 is rented by Savills (UK) Ltd, with an annual rent of £52,500. The unit has an EPC Rating of B and spans 818 ft2. It is let on a Full Repairing and Insuring lease for a term of 10 years starting from 16th December 2016. There is an outstanding rent review from December 2021.

Unit 81 is occupied by J.F Stone Investments Ltd, trading as the American Dry Cleaning Company. The annual rent for this unit is £34,000. It has an EPC Rating of B and covers an area of 559 ft2. The lease is also Full Repairing and Insuring, lasting for 10 years starting from 22nd February 2016. It falls under the provisions of the 1954 Landlord & Tenant Act, and there is an outstanding rent review from February 2021.

Flat 1 is rented by a private individual, with an annual rent of £36,140. It has an EPC Rating of B and measures 516 ft2. This flat is let on an Assured Shorthold Tenancy (AST).

Flat 2 is also occupied by a private individual, paying an annual rent of £27,600. It has an EPC Rating of B and covers an area of 581 ft2. This flat is also let on an AST.

Flat 3 is rented by another private individual, with an annual rent of £22,092. It has an EPC Rating of B and spans 678 ft2. This flat is let on an AST as well.