Investment Properties: 12 Herbert Road, Hendon, London NW9 6AD


12 Herbert Road, Hendon, London NW9 6AD

Guide Price £625,000 subject to contract

  • Well located within a 3 minute walk of Hendon Railway Station which offers direct trains into London St Pancras International in 18 minutes (Thameslink).
  • A mid terraced building arranged over 3 floors.
  • Internally configured as five fully self-contained studio flats.
  • Floor Areas: Total NIA – 1,341 sq ft / Total GIA – 1,553 sq ft
  • The building benefits from a certificate of lawful use.
  • Fully let to private tenants producing a combined total rent of £44,832 pa.
  • All rents are exclusive with no additional landlord costs.
  • Each unit is separately metered and council tax rated.
  • Guide Price - £625,000 (Six hundred and twenty five thousand pounds) subject to contract, which equatesto a gross yield of 7.2% and a low capital value of £402 per sq ft based on the existing total GIA.