5 Bed Terraced House For Sale Tollington Way, London, N7

£1,500,000- Terraced

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Last Updated: 16th April 2024

Description

This investment opportunity in Tollington Way, offering a diverse portfolio of self-contained flats with
assured short-hold tenancies in place. Here's a breakdown of the key highlights and considerations:
Property Description: The property comprises four self-contained flats, including a spacious 2-
bedroom flat, two large 1-bedroom flats, and a good-sized studio flat. With a total Gross Internal
Area of approximately 232.25 Sq. M (2500 sq. Ft), there's a variety of accommodation options.
1.
Rental Income: The fact that all flats are currently let under Assured Short-hold Tenancies
provides a stable and predictable income stream for investors.
2.
Potential for Development: Further development , However, this is subject to obtaining necessary
planning consents from the local authority.
3.
Prime Location: Situated in a highly sought-after residential area, the property benefits from its
proximity to various amenities such as shops, bars, and restaurants. The convenience of Upper
Holloway Overground Railway Station and Emirates Stadium within a mile offers excellent
transportation links to popular destinations, enhancing the property's attractiveness to potential
tenants.
4.
Accessibility to Key Facilities: The property's location within a short 20-minute drive to
Whittington Health Hospital, short tube ride to The Mall Wood Green, and Finsbury Park adds to its
appeal, particularly for tenants seeking easy access to essential services and recreational
facilities.
5.
Market Demand: Given the prime location and the diverse range of accommodation options, there
is likely to be consistent demand from renters, contributing to the property's long-term
investment potential.
6.
Considerations: It's essential to conduct thorough due diligence, including assessing the condition
of the property, reviewing existing tenancy agreements, understanding the local rental market
dynamics, and evaluating the feasibility of any potential development plans.
7.
Overall, this investment opportunity presents a proposition with its mix of rental income stability,
potential for further development, and prime location in a sought-after residential area
Agent Details
Living Space Estate Agents
105 St. Pauls Road, London, N1 2NA

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested