7 bed terraced house for sale

Blackstock Road, London N4

Description

We are pleased to offer for sale the entire freehold of 69 Blackstock Road, a terraced house in the heart of Finsbury Park that has been converted into four flats. The building offers a well-balanced mix of accommodation: A three-bedroom flat, a two-bedroom flat, a one-bedroom flat and a studio. That mix appeals to a broad range of tenants, from sharers and young families to single professionals, and helps keep voids low.

The flats are presented to a good standard, with modern fitted kitchens and wood-effect flooring. When fully let, the building generates a gross rental income of approximately £8,470 per calendar month (£101,640 per annum), broken down as follows:

Flat Accommodation Rent (pcm)
Flat A 3 bedrooms £3,200
Flat B 2 bedrooms £2,050
Flat C 1 bedroom £1,750
Flat D Studio £1,470
Total - £8,470 £101,640 p.a.

Blackstock Road is a lively, well-established street running between Finsbury Park and Highbury, lined with independent cafés, restaurants and local shops. Finsbury Park station is within easy walking distance and serves the Victoria and Piccadilly lines plus National Rail services. That gives fast links to the West End, King's Cross St Pancras and the City. Arsenal Underground station is also close by. The open green space of Finsbury Park is on the doorstep, and Highbury, Stoke Newington and Upper Street, Islington are all nearby. Strong transport links and steady demand from professionals and students make this one of North London's most consistently popular rental areas.

This is an excellent opportunity for investors to buy a multi-unit freehold with an established income stream in a high-demand location. It also offers longer-term potential for asset management or a break-up strategy, subject to the necessary consents.

Tenure: Freehold. EPC ratings: B/C. Viewings are strictly by appointment.

Tenure: Freehold