Cedar Estates says ..

Property Oracle says ..

This property in West Hampstead, London offers a unique investment opportunity as a mixed-use property comprising a shop and a four-bedroom maisonette. The location is a significant advantage. West Hampstead boasts excellent transport connections, multiple well-regarded primary schools in the vicinity, and a thriving high street. This makes the property attractive for both owner-occupiers and investors.

The maisonette section shows signs of recent renovation, with modern bathrooms and a clean, updated aesthetic on the upper levels. However, the condition of the shop and the basement is considerably poorer. These areas appear dated, require significant maintenance, and could benefit from a thorough refurbishment. The basement in particular is cluttered and shows signs of damp and deterioration. The overall condition requires a sizable investment to bring the whole property up to a consistently high standard.

The property benefits from a roof terrace, offering some outdoor space. However, it lacks a traditional garden.

The list price of £1,125,000 needs to be considered carefully in relation to the extensive refurbishment required in parts of the property. While the location and the mixed-use nature support the value, potential buyers should budget for substantial repair and renovation costs. A comprehensive survey would be essential before proceeding with a purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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