Summary - Flat 5, 1 Parkway NW1 7PG
2 bed 2 bath Apartment
Well-presented apartment near Camden ideal for lettings or a central pied-à-terre.
- Two bedrooms and two bathrooms, open-plan living
- Approximately 885 sq ft; upper-floor position
- Long lease: 237 years remaining
- Close to Camden Town Station; excellent transport links
- Fast broadband and excellent mobile signal
- Ground rent £350; council tax described as expensive
- Very high local crime rate and area deprivation
- Solid brick walls assumed uninsulated; potential retrofit needed
A bright, upper-floor two-bedroom apartment with two bathrooms and open-plan living, located close to Camden Town Station. The property occupies about 885 sq ft in a period mid-terrace building (c.1900–1929) and benefits from double glazing, good natural light and modern finishes throughout.
The location is the main draw: excellent transport links, fast broadband and strong rental demand in a multi-ethnic professional area. Investors can expect attractive rental yield potential (circa 4–5.9%), and the long lease (237 years) and average sized accommodation make this straightforward to let or re-let.
Buyers should note material negatives plainly: the home is leasehold (ground rent £350), council tax is described as expensive, and the local area records very high crime and higher-than-average deprivation. The property’s solid brick walls are assumed to lack insulation, which may affect heating costs and could require retrofit work.
This apartment suits buyers seeking a well-presented rental or central pied-à-terre in NW1, and those prepared to accept urban area trade-offs for connectivity and income potential. Viewing is recommended to assess layout and finish in person.
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