1 bed flat for sale

Ockendon Road, Islington, London N1

Ockendon Road, Islington, London N1 3Nw

An excellent investment opportunity to acquire this exceptionally well-presented one-bedroom ground floor flat, quietly positioned on a desirable residential street in Islington. The property has been refurbished throughout to a high standard and retains charming period features, including a reception room with a sash window and shutters.

The flat offers a share of freehold and benefits from a long lease in excess of 900 years, providing long-term security. It is being sold with tenants in situ, making it an ideal investment purchase with immediate rental income.

Ockendon Road is located just off Essex Road, providing superb accessibility to the popular shops, bars and restaurants of Upper Street, along with excellent local transport connections.

Islington continues to be one of London’s most sought-after boroughs for both renters and buyers, thanks to its vibrant lifestyle offering, excellent connectivity to the City and West End, and strong community feel. With consistently high demand for quality rental accommodation and limited supply of period properties in this area, investing in Islington provides strong rental yields and excellent prospects for long-term capital growth.

Please note, lettings and management charges may apply.

Financial Breakdown

Gross Rent: £26,604.00
Net income: £26,604.00
Gross yield: 5.78%
Net yield: 5.78%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08282