Property for Sale

Newington Green Road, N1

  • Offers Over £1,200,000
    • 5Bedrooms
    • 3Bathroom
    • 3Reception Room

About this property

For sale, the freehold of this prime location on the corner of Newington Green, N1. The ground floor and basement are held under a commercial lease of 16 years remaining, with a rental income of £19,500pa. The upper floors of this end of terrace, corner house are divided in to three residential units, the first and second floors are arranged as good sized one bedrooms, with the loft playing host to a studio with separate kitchen. The residential internal floor space is quite impressive, in excess of 1,700 sq.ft. Each of the residential units have existing AST agreements, with a current rental income of £42,900pa.

A potential redevelopment interest, refurbishment of the f lats for letting or sale, or converting the each unit to have an additional bedroom with open plan reception. There is alternative option of reinstating the three floors as one large dwelling in an amazing location.

Room summary

  • 5Bedrooms
  • 3Bathroom
  • 3Reception Room

Key features

  • Three One Bedroom Units
  • Commercial Ground Floor and Basement
  • 1,719 sq.ft in Residential Floor Space
  • Potential Refurbishment//Development
  • End of Terrace
  • £19,500 pa Rental Income from Commercial
  • £42,900 pa Rental Income from Residential
  • Prime Location in Newington Green
  • Freehold of Whole Building

Contact us

Telephone

0207 704 0664

Email address

enquiries@mandmproperty.co.uk

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