Sold
On behalf of private client
St Augustine’s Road
Camden Town, London, NW1
A highly reversionary income producing Residential Investment opportunity located in Camden Town, North London.
39 St Augustine’s Road is a freehold end of terrace period building comprising 4 flats (1 x 1 bedroom and 3 x 2 bedroom apartments).
The building has residential use (C3), extends to 240 sqm (2,586 sqft) and is arranged over lower ground, raised ground, first and second floors.
The lower ground floor is occupied by a regulated tenant.
The 4 flats are let, producing an income of £68,520 per annum
It is believed the estimated rental value (ERV) for the building is in the region of £110,000-£120,000 per annum
The property is presented in fair condition curently, however offers the opportunity to enhance the accommodation and common parts by way of cosmetic works.
