Apartment for sale, 954 m²

London

4.557.400 €

4.778 €/m²

Listed Oct 8, 2026

About this listing

SUMMARY • Opportunity to acquire a freehold, purpose-built residential block in Hendon, comprising 18 flats, with 10 income-producing flats included in the sale and eight flats sold on long leases LOCATION • The property is located on Graham Road in Hendon and is approximately a five-minute walk from Hendon Central Underground station (Northern line), which provides regular services into central London. Hendon railway station is approximately a seven-minute walk away, providing access to Euston in approximately 20 minutes and Bank in approximately 30 minutes. • The local area benefits from a range of shops, restaurants, and amenities, with Nuffield Health Gym approximately 0.2 miles away, Hendon Park approximately 0.3 miles away and Brent Cross Shopping Centre approximately 0.6 miles away. Multiple bus connections are located within a few hundred metres of the property. DESCRIPTION • The property comprises a freehold, purpose-built residential block originally constructed in the mid-1960s, with four additional flats added to the roof in 2004. • The building comprises 18 flats in total, of which 10 flats are included in the sale and eight flats have been sold on long leases. • The 10 flats included in the sale comprise 1 x one-bedroom flat, 6 x two-bedroom flats and 3 x three-bedroom flats, extending to approximately 10,269 SqFt. • The property benefits from off-street parking to the front and a large communal garden to the rear. • The property is producing a current rental income of £253,245 per annum. • The property provides estimated reversionary rental income of £269,400 per annum. • The eight flats sold on long leases are subject to varying lease terms, including 999-year, 155-year, 189-year and 125-year leases. Several leases provide peppercorn ground rent, while Flats 2, 4, 5, 7 and 12 are subject to ground rent provisions starting at £100 per annum and rising at 25-year intervals. FURTHER INFORMATION • click here to view the data room. • click here to view the property on Google Street view. TERMS • The property is not elected for VAT. • The property is available freehold. • Offers in excess of £3,850,000

What's included

Parking

Location

Map loading soon

Neighborhood data on demand

Nearby essentials will load when this section comes into view.

Listed on

Rightmove

4.557.400 €