£1,000,000
(£508/sq. ft)
4 bed property for saleHigh Road, Wood Green, London N22
4 beds
1,967 sq. ft
Freehold
About this property
Mixed use commercial (e-Class) and Residential (C3)
Located on Wood Green High Road
0.7 miles from Bound Green underground
Current income of £82,920 p.a, but opportunity for this to increase to £89K
Freehold
Mixed use investment opportunity in a prime Wood Green location. This 1,967 sq ft freehold building contains a commercial shop on ground floor, and 5 rooms on first and second floor. Total income of £89,920 p.a.
This well-proportioned mixed-use property comprises of both (e-Class) retail on the ground floor and (C3) residential accommodation on the first and second floor. The upper floors are split into five separate dwellings, all leased out individually. The total square footage of this freehold building is 1,967. Located on High Road in Wood Green 0.7 mile from the closest Underground station, Bound Green, which is on the Piccadilly Line. The residential property could benefit from updating, which in turn could increase the rental income.
The residential is achieving an income of £61,920 p.a
The commercial is achieving £22,000 p.a.
Total income of £83,920 which represents a 8.4% yield.
Located on High Road in Wood Green 0.7 miles from the closest Underground station, Bound Green, which is on the Piccadilly Line.
Please use the reference PTNY5263902 when contacting Foxtons.
This well-proportioned mixed-use property comprises of both (e-Class) retail on the ground floor and (C3) residential accommodation on the first and second floor. The upper floors are split into five separate dwellings, all leased out individually. The total square footage of this freehold building is 1,967. Located on High Road in Wood Green 0.7 mile from the closest Underground station, Bound Green, which is on the Piccadilly Line. The residential property could benefit from updating, which in turn could increase the rental income.
The residential is achieving an income of £61,920 p.a
The commercial is achieving £22,000 p.a.
Total income of £83,920 which represents a 8.4% yield.
Located on High Road in Wood Green 0.7 miles from the closest Underground station, Bound Green, which is on the Piccadilly Line.
Please use the reference PTNY5263902 when contacting Foxtons.
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