Mixed-income freehold with immediate retail rent and immaculate three-bedroom flat.
Five-storey freehold on prime Hampstead High Street
A rare freehold on Hampstead High Street combining prime retail income with an immaculate three-bedroom maisonette above. The lower two floors form part of a Japanese restaurant (the commercial element spans two freeholds) producing £41,500 pa, while the upper three floors offer bright, newly renovated living space with high ceilings, large windows and very attractive views.
The building totals approximately 1,974 sq ft across five storeys and is prominently positioned moments from Hampstead Underground and Hampstead Heath, surrounded by strong retail and amenity demand. The residential accommodation is presented in superb condition, making it immediately lettable or owner-occupier ready with minimal work required.
Buyers should note a few material points: the commercial unit’s split freehold arrangement may require additional legal consideration; the building has secondary glazing and solid brick walls (assumed uninsulated) which could mean further energy-efficiency improvements; and the property has a single bathroom for three bedrooms. The area records higher crime statistics than average, which may be relevant to some purchasers.
This asset will suit investors seeking a mixed-income central London freehold with immediate rental income and long-term upside from residential refurbishment or reconfiguration, as well as purchasers wanting a prominent Hampstead address with a self-contained, newly renovated flat above active high-street trading.
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