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This property was removed from Dealsourcr.

6 Bed Flat, Single Let, London, N6 5BH £1,450,000

Archway Road, Highgate, N6 5BH - 11 views - a year ago
  1. Deal Search
  2. London
  3. N6
  4. N6 5BH
BTL
~186 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in London
  • More Deals in N6
  • More Single Let Deals
  • More Single Let Deals in London
  • More Single Let Deals in N6

Property History

Listed for £1,450,000

December 23, 2024

Sold for £520,000

2022

Sold for £249,500

2004

Sold for £172,000

2002

Sold for £144,000

2002

Sold for £79,000

1998

Floor Plans

Description

  • FREEHOLD BUILDING +
  • CHAIN FREE +
  • Guide price: £1.45m - £2m +
  • Two bedroom flat with a garden +
  • 5x Studio Apartments +
  • Current rental income: £97,200 per annum income +
  • Potential income of £120,000 per year +
  • Inbetween Highgate & Archway Tube Station 5 minute walk +
  • Shops and other local amenities nearby +

A unique opportunity is now available to acquire a freehold property in the prestigious Highgate area, N6. This building features five studio apartments and one two-bedroom apartment, all currently occupied. The property also includes a garden.

Rental income for each apartment is as follows:

Apartment 1: Two-bedroom unit with garden access, leased for £1,700 per month.
Apartment 2: Spacious studio apartment, generating £1,280 per month.
Apartment 3: Studio apartment, also bringing in £1,280 per month.
Apartment 4: Large studio apartment, earning £1,280 per month.
Apartment 5: Standard studio apartment, rented at £1,280 per month.
Apartment 6: Large studio apartment, yielding £1,280 per month.
Combined, the property is projected to generate an annual income of over £120,000. Prospective buyers are encouraged to contact the sales agent for a comprehensive financial breakdown.

Strategically located just a 10-minute walk from both Archway and Highgate Underground Stations and with easy access to major bus routes, the property offers exceptional convenience.

For further details or to express interest, please reach out to the sales agent.

Agent Details

Alex Crown Lettings & Estate Agents, Islington

020 3834 8648

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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