- High yielding residential investment in Zone 2 +
- 0.4 miles from Caledonian Road Underground Station (Piccadilly Line) +
- Comprises 3 self-contained flats arranged over ground, first and second floors: 2 x 2 beds, 1 x 1 bed +
- Measuring 2,184 sq ft NIA +
- Fully let producing a current passing rent of £97,800 per annum +
- Freehold +
- Guide Price Offers In Excess Of £1,000,000 STC +
- Gross Yield of 9.78% +
- Low Capital Value of £458 psf +
TO BE SOLD AT ALLSOP AUCTION 19th MARCH 2025 - UNLESS SOLD PRIOR
A high yielding residential investment opportunity located in Zone 2.
The property is ideally located 0.4 miles from Caledonian Road Underground Station (Piccadilly Line).
Comprises 3 self-contained flats arranged over ground, first and second floors: 2 x 2 beds, 1 x 1 bed.
Measuring 2,184 sq ft NIA.
The property is fully let producing a current passing rent of £97,800 per annum.
The ground floor 2 bedroom flat benefits from a garden to the rear and there is off street parking for all 3 flats.
Freehold.
Guide Price - Offers In Excess Of £1,000,000 (One Million Pounds) subject to contract.
A purchase at this level reflects a Gross Yield of 9.78% and a low capital value of £458 psf based off the NIA.