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Arrange a Viewing

Residential Development

9 Self-Contained Flats

Prime Location

Lift Service

Rare Rental Investment

Next to High Street

Close to Northern Line

Prime Location

Long Lease

Producing circa £150K P.A.

RARE RENTAL INVESTMENT OPPORTUNITY IN NORTH FINCHLEY...A Rare Opportunity for a discerning investor to acquire a Residential Development comprising of 9 Flats (Fully Rented) in North Finchley N12.

The Demise consists of:
2 X One Bedroom Flats
6 X Two Bedroom Flats
1 X Three Bedroom Flat

All the residential units are currently let out on AST Contracts and producing a rental income circa £150,000 Per Annum which could be potentially increased.


EPC:
Flat 1 C
Flat 2 C
Flat 3 B
Flat 4 B
Flat 5 B
Flat 6 C
Flat 7 B
Flat 8 C
Flat 9 C


EPC Ratings can be obtained from public domain:
https://find-energy-certificate.service.gov.uk/find-a-certificate/search-by-postcode?postcode=N12+8AF

Bus Links:
125, 263, 383, 626, N20

Tube Links:
Woodside Park (Northern Line)

Airport Links:
London City Airport (46 Minutes)
London Heathrow (47 Minutes)
London Stansted (53 Minutes)
London Gatwick (1 Hour 23 Minutes)
London Luton (37 Minutes)

Tenure: Long Lease 991 years

All viewings strictly via prior appointment with Sole Agent

Stamp Duty Calculator

See full breakdown

Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £250k (Percentage rate 0%)

£ 0

Above £250k and up to £925k (Percentage rate 5%)

£ 0

Above £925k and up to £1.5m (Percentage rate 10%)

£ 0

Above £1.5m (Percentage rate 12%)

£ 0

Up to £425k (Percentage rate 0%)

£ 0

Above £425k and up to £625k (Percentage rate 0%)

£ 0

Please note: This calculation is for illustrative purposes only. Calculations applicable to transactions completing after 23/09/2022. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.