Sold
On behalf of private client
Stratford Villas
CAMDEN TOWN, LONDON, NW1 9SG
10 Stratford Villas is a freehold end of terrace period building 4 flats (2 x 1 bedrooms,
2 x 2 bedrooms).
The building has residential use (C3), extends to 245 sqm (2,652 sqft) and is arranged over lower ground, raised ground, first, second and third floors.
The four flats are all let on Assured Shorthold Tenancies ( AST’s) producing a gross income of £71,304 per annum.
We have taken advice from local agents and it is our understanding that the estimated rental value (ERV) for the building in its current condition is in the region of £100,000-£105,000 per annum and should the building be refurbished there is further potential to enhance the income.
The property is presented in fair condition and offers the opportunity to refurbish the accommodation and common parts by way of cosmetic works.
