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13a-15 Fortess Road, London, NW5 - Image 1
13a-15 Fortess Road, London, NW5 - Image 2
13a-15 Fortess Road, London, NW5 - Image 3
13a-15 Fortess Road, London, NW5 - Image 4

13a-15 Fortess Road, London, NW5

London

£900,000
Listed on 20/07/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1843 sqft

Description

This commercial property presents a unique opportunity for renovation and investment in a well-connected area of London. Situated near Kentish Town Underground, Thames Link/Overground, and Tufnell Park Tube Stations, the location offers efficient transport links across the city, making it an attractive spot for various business endeavors. Having been under the same ownership for over three decades, this building has historically served as a retail outlet for a construction hire firm, catering primarily to builders and developers. The structure offers significant potential for expansion over one or two additional floors, subject to obtaining necessary planning permissions. This aspect alone makes it an appealing option for investors looking to enhance its current use or transform it for new purposes. The property features step-free access and is held under freehold tenure, which adds to its appeal. A notable feature is the expansive shop front measuring 9 meters in length with full glass frontage from ground to ceiling height and equipped with electric shutters, providing excellent visibility and accessibility. Inside, the layout is mostly open plan with an internal staircase leading to a first-floor level that could be adapted for different business needs. Additionally, there are offices divided into smaller rooms along with essential facilities like a kitchenette and WC. Access to a flat roof previously used for storage further expands the potential uses of this space. Just a short walk from Hampstead Heath, tenants and visitors can enjoy nearby green spaces while benefiting from the diverse local amenities including shops, cafes, restaurants, and cultural venues that characterize this vibrant community. This property's combination of prime location and renovation potential positions it as an intriguing prospect for those looking to invest or establish a business in this desirable area.

Investment Analysis

(NW5 area)

Below Market Value

This property is priced -45.9% below area average per sq ft

-45.9%
Potential saving
This Property
£488/sq ft
Area Average
£903/sq ft
Avg Rent (weekly)
£572
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,831,361
10% above area average per sq ft
Potential ROI
+79.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NW5)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -2.7%
5 year growth: 3.2%
Investment Disclaimer: Analysis based on NW5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

13a-15 Fortess Road, London, NW5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,297
Based on a loan of £675,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE