£419,950
(£574/sq. ft)
2 bed flat for saleHexham Road, Barnet EN5
2 beds
1 bath
1 reception
732 sq. ft
EPC Rating: C
Added on
Joel Ross Property
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About this property
Private garden
On street/residents parking
Wood floors
Combined current annual income of £21,200pa
Freehold interest included
Sold with tenants in situ
Sole Agent: An excellent opportunity to acquire a well-proportioned two-bedroom ground floor flat, forming part of an attractive period conversion, together with the valuable freehold interest.
Extending to approximately 732 sq. Ft., the property benefits from its own private rear garden, offering desirable outside space and adding to its overall appeal.
The property is being offered for sale with tenants in situ, making it an attractive proposition for investors seeking an established rental income from day one.
The investment currently generates an annual rental income of £21,000 (£1,750 per calendar month). In addition, the freehold produces a further £200 per annum in ground rent from the upper flat.
The freehold element provides the purchaser with an additional asset and an interest in the management and future control of the building, subject to the terms of the existing lease.
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