£1,125,000
(£406/sq. ft)
8 bed flat for saleRental Investment Hornsey Rd, Holloway N7
8 beds
4 baths
4 receptions
2,768 sq. ft
About this property
Excellent rental investment opportunity
Four individual two bedroom split-level flats for sale
2688 square feet approx total
New 125 year leases
Zero ground rent
Four lock-up garages included
7.6% gross yield conservatively estimated
forming part of a modern purpose-built block, conveniently situated within a short walk of the many amenities of Holloway Road.
All comprise approximately 690 square feet of accommodation, with spacious reception, separate kitchen, two good double bedrooms and family bathroom/wc. Three of the flats are presented in very good decorative order, one is in need of updating. In addition to the flats, included are four lock-up garages en-bloc to the rear of the site.
Hornsey Road is a vibrant residential location, well-situated for easy access to the City and West End. Local shops include Waitrose and a wide rane of independent retailers. The nearest Underground station is located at Finsbury Park (Piccadilly Line) and National Rail.
Two of the flats are currently vacant, two are let under Assured Periodic Tenancies. We would estimate the readily achievable rent at £1800 pcm
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More information
Tenure
Leasehold (125 years)
Service charge
Council tax band
C
Ground rent
Ground rent date of next review
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