Guide price
£1,400,000
8 bed semi-detached house for saleArchway Road, Highgate N6
8 beds
6 baths
8 receptions
- Chain free
- Freehold
Alex Crown Lettings & Estate Agents
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About this property
Guide price - £1.4M - £1.5M
Freehold building
Chain free
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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