Camden: Zone 2 Apartments with a Rooftop Restaurant

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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 next building to release on the site and it carries the full range rather than the tail of it. Compact one bedroom homes start at 38 square metres, one bedroom plans at 51, two bedroom plans at 78 and three bedroom plans run from 107 to 114, every one with a balcony or terrace of its own that the price list measures separately. Aspect is named unit by unit, north east or south west, and so is the interior scheme: the kitchen finish, the bathroom finish and the timber flooring are each chosen from a named set at reservation, which is written onto the price list so a buyer knows exactly what they are getting. The building has a rooftop terrace and restaurant with views over the city and a supermarket on the ground floor. Because this building completes between September and November, the homes in it move from drawings to keys inside a few months rather than a few years. The price list publishes an estimated monthly rent and a gross yield for every unit, between 5 and 5.7 percent, which is a developer putting numbers on the record. Read them as gross and before the service charge, which runs at 6.40 to 6.50 pounds per square foot a year depending on the plot. 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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