Summary - 184, 186 & 188 North Gower Street, London, NW1 NW1 2NB
1 bed 1 bath Not Specified
**Standout Features:**
- **Size**: Expansive 6,248 sq ft, comprising 9 residential units
- **Location**: City Centre, NW1 2NB, with excellent transport links and a high PTAL rating of 6b
- **Potential**: 88% occupancy with a strong estimated rental income potential of approximately £340,000 pa
- **Investment Focus**: Freehold title available, with added value from Grade II Listed status—ideal for savvy investors seeking renovation opportunities
- **Community**: Diverse amenities and reputable local schools nearby
**Concerns:**
- **Listed Status**: Grade II status may complicate renovations
- **Area Deprivation**: The local area is classified as deprived, which could affect long-term appreciation
- **Population and Safety**: Above-average crime rates may be a concern for families
This uniquely large freehold property, set in the vibrant heart of NW1, offers substantial investment potential with its multiple urban residential units. Currently 88% occupied, this property is poised to generate significant rental income while presenting opportunities for future renovation. Its impressive size and competitive pricing reflect a GRY of 6.27%, appealing to investors and developers looking to maximize their portfolio. While the property's Grade II Listed status may add complexity to modifications, this historic charm only elevates its appeal in a cosmopolitan environment. Situated near schools with good Ofsted ratings and enriched by a myriad of local amenities—from theatres and shops to healthcare facilities—this property balances urban living with comfort and convenience.
Take advantage of this unique opportunity before it’s gone; properties of this caliber and potential in the vibrant City Centre rarely stay on the market long!
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