6 bed property for sale in Archway Road, London N6, £1,750,000

1,750,000.00

Offer Nr.:
57635872
Type of ad:
for Sale
Property type:
6 bed property
Bedrooms:
6
Bathrooms:
6
Reception rooms:
6
Contact name:
Alex Crown Lettings & Estate Agents
Phone(s):
020 3641 8408

* Freehold
* Freehold building
* Chain free
* Guide price: £1. 75m - £2m.
* Two bedroom flat with a garden
* 5x Studio Apartments
* Current rental income: £97, 200 per annum income
* Potential income of £120, 000 per year
* Inbetween Highgate & Archway Tube Station 5 minute walk
* Shops and other local amenities nearby
This is a rare opportunity to acquire a freehold building located in Highgate,
N6. The building consists of 5 studio flats and 1 two - bedroom flat, all of
which are currently tenanted. The property also features a garden.
Here is a breakdown of the rental income for each unit:
Flat 1: Two - bedroom flat with a garden, currently rented out for £1, 700. 00 per
month.
Flat 2: Large studio flat with a rental income of £1, 280. 00 per month.
Flat 3: Studio flat with a rental income of £1, 280. 00 per month.
Flat 4: Large studio flat with a rental income of £1, 280. 00 per month.
Flat 5: Studio flat with a rental income of £1, 280. 00 per month.
Flat 6: Large studio flat with a rental income of £1, 280. 00 per month.
Considering the rental income from all the units, this property has the
potential to generate over £120, 000 per year. For more detailed information,
it is recommended to contact the agent handling the sale.
The location of the property is highly convenient, as it is only a 10 - minute
walk away from both Archway and Highgate Tube Stations. Additionally, there
are major bus stops located in close proximity to the building.
For further details and inquiries about this property, it is advised to get in
touch with the agent.

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