Residential Development
9 Self-Contained Flats
Prime Location
Lift Service
Income Producing Investment
Next to High Street
Close to Northern Line
Prime Location
Long Lease
Producing circa £188,000.00 P.A.
EPC Rating C
Long Lease
991 Lease Years Remaining
A Rare Opportunity for a discerning investor to acquire a Residential Development comprising of 9 Apartment Flats (Fully Rented) in North Finchley N12.
The Demise consists of:
2 X One Bedroom Flats 1 bathroom producing circa 1500 pcm
6 X Two Bedroom Flats 2 bathroom producing circa 1900 pcm
1 X Three Bedroom Flat 2 bathroom producing circa 2000 pcm
The development is currently producing circa £188,400.00 per annnum.
All the residential units are currently let out on AST Contracts and producing a rental income circa £150,000 Per Annum which could be potentially increased.
EPC Ratings can be obtained from public domain:
https://find-energy-certificate.service.gov.uk/find-a-certificate/search-by-postcode?postcode=N12+8AF
Bus Links:
125, 263, 383, 626, N20
Tube Links:
Woodside Park (Northern Line)
Airport Links:
London City Airport (46 Minutes)
London Heathrow (47 Minutes)
London Stansted (53 Minutes)
London Gatwick (1 Hour 23 Minutes)
London Luton (37 Minutes)
Tenure: Long Lease 991 years
All viewings strictly via prior appointment with Sole Agent
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IMPORTANT NOTICE
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.
