This substantial freehold property on Mackeson Road, NW3, presents a unique investment opportunity with considerable renovation potential. Having been in the hands of the same owners for over 65 years, this period building currently features three self-contained apartments: two spacious two-bedroom units and one well-sized one-bedroom flat. Each apartment offers bright living spaces with functional layouts that appeal to potential tenants. Although the property has been well looked after, it is ripe for modernisation and reconfiguration, allowing a new owner to enhance its value significantly. With current rental income exceeding £80,000 per year, there is immediate financial return coupled with opportunities to increase earnings through interior upgrades and layout optimisations (subject to necessary permissions). Located in a highly sought-after area within NW3, this property benefits from high demand due to its proximity to amenities, parks, and excellent transport links into Central London. The surrounding neighbourhood offers a charming atmosphere with vibrant cafés and strong community ties, making it attractive for both renters and long-term residents. Properties like this are exceptionally rare in such a desirable locale; thus, it represents an enticing proposition for investors seeking a blend of character, scale, and future growth potential.
