Commercial Property FOR SALE in 23 East Heath Road, Hampstead, Greater London

Property Description

Prime Hampstead Development Opportunity – 0.66 Acre Former Hospital Site, NW3
Fraser Bond is pleased to present 23 East Heath Road, a rare opportunity to acquire a substantial institutional site in the heart of Hampstead, NW3.
Formerly part of the Queen Mary’s Hospital estate and later operated as a specialist care facility, the property occupies an exceptional site of approximately 0.66 acres — a scale rarely available within this prime London postcode.
The existing building provides extensive accommodation suitable for healthcare or institutional use. However, the true value lies in its redevelopment potential, with scope to reposition the asset into a high-end residential scheme or alternative premium use, subject to planning.
Positioned directly adjacent to Hampstead Heath and within close proximity to the Royal Free Hospital and Hampstead Village, the property benefits from one of London’s most desirable and affluent residential settings.
Price
POA
Key Features
Former hospital / care facility (Queen Mary’s House)
Approx. 0.6596 acre site
Prime Hampstead (NW3) location
Adjacent to Hampstead Heath
Close to Royal Free Hospital
Large institutional building
Significant redevelopment potential (STP)
Suitable for residential, medical, or mixed-use
Rare large-scale London site
Size: not confirmed (site 0.66 acres)
Location Description
Hampstead is one of London’s most prestigious and desirable residential areas, known for its village atmosphere, green open spaces, and exceptional property values. East Heath Road provides immediate access to Hampstead Heath, while excellent transport links connect the area to Central London.
The combination of lifestyle appeal and connectivity makes this one of the capital’s most sought-after locations.
Investment Angle
This asset represents a trophy development opportunity in Prime Central London:
0.66-acre site in NW3 (extremely rare)
Strong potential for luxury residential development (STP)
High GDV supported by Hampstead market values
Flexible alternative uses (medical / care / institutional)
Opportunity to unlock significant value through redevelopment or repositioning
For full planning insights, site analysis, or to arrange a private viewing, contact Fraser Bond today.
Large-scale redevelopment opportunities in Hampstead are exceptionally rare — this is a landmark investment opportunity not to be missed.