- INVESTMENT OPPORTUNITY +
- Substantial, Semi-Detached Property comprised of 5x Self-Contained Flats Across Three Floors +
- With Renovations Completed Estimated Income Circa £100,000 PA +
- Excellent Transport Links Moments from Woodgreen Underground (Piccadilly Line) +
- Within Easy Reach of Alexandra Palace National Rail (Moorgate approx 20 mins) and Various Bus Routes +
- Ideally Located for Woodgreen High Road with it's Abundance of Amenities, Restaurants, Cafes, Cinema and Shopping City +
- Approx. 1,850 sq ft of Living Space plus Rear Garden +
- Fully Compliant Property +
- Offered with Tenants In-Situ or Vacant Possession +
INVESTMENT OPPORTUNITY Havilands are delighted to present this substantial, semi-detached property comprised of five self-contained flats, and situated on Lordship Lane, N22. The property spans across three floors, with approx. 1,850 sqft of internal space plus a private rear garden. The property is offered with either tenants in situ, or on vacant possession.
Offering huge potential the property is currently made up of 2x one bedroom flats on the ground floor, 2x studio flats on the first floor and 1x one bedroom flat on the second floor.
Potential annual income of £76,800 in current condition - Property schedule outlined below:
Flat 1 (Ground floor with courtyard) - Currently vacant with potential income of £1,350pcm
441 sq ft
Flat 2 (Ground floor with garden access) - Long standing tenant on periodic tenancy at £900pcm. Full value potential income of £1450.
441 sq ft
Flat 3 (1st floor) - Currently vacant with potential income of £1200pcm
322 sq ft
Flat 4 (1st floor) - Long standing tenant on periodic tenancy at £1025pcm. Full value potential income of £1100pcm
258 sq ft
Flat 5 (2nd floor) - Long standing tenant on periodic tenancy at £1250pcm. Full value potential income of £1300 pcm
462 sq ft
With full renovations completed throughout the building, the estimated income would increase to circa £100,000 PA. Property is fully compliant with relevant licences and certifications.
Please note only being sold as a freehold unit, not separate flats
Tenure: Freehold
Local Authority: Haringey