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Royal College Street, Camden, London NW1

UNBROKEN RESIDENTIAL BLOCK WITH DEVELOPMENT POTENTIAL
For sale
  • A central location in Camden, directly opposite Camden Road Overground Station and 0.3 miles (6 minute walk) from Camden Town Underground Station (Northern Line).
  • An unbroken block of 4 x 1 bed flats with an approximate total NIA of 1,888 sq ft.
  • Arranged over lower ground (private garden), ground and two upper floors.
  • Flats A and B have their own private entrances.
  • Fully let on ASTs and producing £64,839 pa with two flats holding over.
  • Potential for an additional floor subject to the necessary planning consents.
  • Freehold.
  • OIEO £1,200,000 (One Million, Two Hundred Thousand Pounds) subject to contract, which equates to a gross yield of 5.41% and a low capital value of £635 psf.
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