Camden: Three Bedroom Apartments with a Residents' Pool

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About this property

The address is Chalk Farm Road in NW1, in the London Borough of Camden, inside travel Zone 2. Chalk Farm station is a six minute walk and Camden Town a nine minute walk, and from Camden Town King's Cross is one stop. Primrose Hill and Regent's Park are both a short walk in the other direction. The site itself is eight acres, with 178,000 square feet given over to shops, restaurants and cafes, a supermarket on the ground floor and a farm to fork rooftop restaurant with an urban farm above it. This is the first building released on the site, 110 apartments in a pair of towers, and what is left in it now is three bedroom homes. They run from 94 to 96 square metres of internal space with an eighty square foot balcony on top, each plan carrying a main bathroom and an ensuite, and the price list names the aspect of every one: north east and south east, or north east and north west. Three of the four available are already built and the fourth completes this month, so these can be walked through before contracts rather than bought off a plan. Interiors come in two palettes, one lighter and one darker, chosen at reservation. The residents' club in this building is the reason the service charge is what it is. It holds a nineteen metre heated swimming pool, a gymnasium with a separate studio, a sauna and a steam room, a co-working space, three private cinema rooms and a twenty four hour concierge. The estimated service charge is 6.62 pounds per square foot a year, which on a 1,011 square foot apartment is a little under 6,700 pounds before communal energy. Tenure is a 999 year lease that began in January 2025, with a peppercorn ground rent. Purchase is ten percent on exchange within twenty eight days of reservation and ninety percent on completion. Two things to weigh. Ninety percent falling due at completion is the whole balance in one payment, so the mortgage has to be in place rather than promised. And the service charge here is high by London standards, which is what the amenity list costs to run; net it off before comparing the published yields with anything else.

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