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.
0207 704 0664
Find out how much Stamp Duty you will pay by entering the purchase value of the property:
|Price bands||Pecentage rate||Taxable sum||Tax|
|Up to £125,000||0%||£0||£0|
|Above £125,000 and up to £250,000||2%||0|
|Above £250,000 and up to £925,000||5%||0||0|
|Above £925,000 and up to £1,500,000||10%||0||0|