10 bedroom Block of Apartments for sale in Green Lanes London N16

Sale Price: £2,250,000

Green Lanes, London N16

Block of Apartments
10 Bed(s)
5 Bath(s)
Available

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Street Address

Green Lanes, London N16

Property description

Hawkes is delighted to present this great investment opportunity, consisting of 5 modern flats each with two double bedrooms, a bathroom and spacious open-plan kitchen/living area. The third floor flat has an exceptionally striking exposed wooden-ceiling design, crafted by the home-owner himself. Positioned below this 3-floor stretch of flats is two separate commercial premises, also included within the price of sale.

Located in the heart of Newington Green. A countless amount of amenities and facilities are within walking distance as well as Canonbury Overground Station, with Dalston, Hoxton and Shoreditch High Street a short commute away.

The commercial premises below generate annual rental revenue of £35, 000.
1st & 2nd floor flats combined total an annual rental revenue of £69, 600.
The top floor flat has an annual rental revenue of £19, 200

In total, the premises generates a total of £123, 800.00 per annum, giving this property a yield of 6.5%

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