Chamberlayne Road, Kensal Rise, London £850,000
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This property on Chamberlayne Road in Kensal Rise presents a compelling mixed-use investment with both stable income and real development potential... spanning approximately 2,521 sq ft across four floors, the building is currently configured with a commercial tenant — a longstanding chemist — occupying the basement and ground floor. That lease, which generates £26,400 per annum, is secured under the Landlord and Tenant Act, with a rent review due in 2026 and expiry in 2028. The commercial aspect benefits from strong footfall due to its location on a lively high street surrounded by other established businesses
The first and second floors are arranged as a maisonette, offering roughly 1,260 sq ft of space ideal for conversion. This could take the form of a single spacious apartment, two separate one/two-bedroom flats, or potentially multiple self-contained studio units. Depending on the layout and finish, rental values in Kensal Rise suggest this residential portion could generate upwards of £3,600–£4,000 per month. That would push total building income to somewhere in the region of £70,000 per year.
Kensal Rise is a high-demand area, especially among young professionals and creatives, thanks to its transport links — Kensal Green and Kensal Rise stations are both nearby — and its thriving bar, café, and retail scene. Chamberlayne Road, in particular, is one of northwest London’s most active and evolving high streets.
Basement level, Room 1 (4.04mx3.05m (13'3x10))
Room 2 (4.88mx3.66m (16'x12))
Room 3 (3.81mx3.15m (12'6x10'4))
Ground floor, Room 4 (7.19mx4.78m (23'7x15'8))
Room 5 (2.87mx2.44m (9'5x8'0))
Room 6 (2.84mx1.78m (9'4x5'10))
First floor, Room 7 (5.08mx4.19m (16'8x13'9))
Room 8 (4.80mx3.30m (15'9x10'10))
Room 9 (4.80mx3.30m (15'9x10'10))
Guest W.C (2.18mx1.52m (7'2x5'0))
Second floor, Room 10 (5.23mx4.27m (17'2x14'0))
Room 11 (6.50mx2.79m (21'4x9'2))
Room 12 (3.30mx3.25m (10'10x10'8))
Exterior of building & street
Click to enlarge
- Mixed use investment
- Shop and lower ground producing £26,400, rent review 2026
- Top two floors could be either two one/two bedroom aprtments or HMO studios
- Rear access
- In the heart of Kensal Rise
- Four floors at 630 sq ft per floor
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London NW10 3ND