Property of The Month – 101-103 Heath Street, Hampstead

This attractive building is arranged over four floors which have been sympathetically refurbished and updated in recent years.

The building totals 1,557 ft2 with offices set over ground and part first floors. There is a shared kitchenette and WC in the basement for office Tenants. To the first and second floor is a two bedroom maisonette.

The building is fully Tenanted but could be sold with vacant possession.

Location
This property is situated in a prime position, moments from Hampstead Heath and Hampstead Village and a 5 minute walk from Hampstead Station (Northern Line).

Investment Summary
Maisonette Flat - £31,200 per annum (£600 per week) currently on a periodic tenancy, with a two month notice period.

Commercial - £55,000 per annum on a newly negotiated FRI lease from 1st January 2023.

Vacant possession can be acquired in 2022 should a buyer wish to occupy the building.