Properties For Sale
Holloway Road, Archway, London N19 3NL
Price £740,000
A Fantastic investment opportunity located in Archway
Property Description
4
3
A Fantastic investment opportunity located just 3 minutes from Archway Tube Station and 1 minute from Upper Holloway Railway Station. This substantial freehold property includes a large ground-floor commercial unit, sold on a 999-year Full Repairing and Insuring (FRI) lease since 1989, and three self-contained flats above.
Property Particulars
Ground Floor Shop: Occupied under a 999-year FRI lease from 1989.
First Floor: Spacious 2-bedroom flat.
Second Floor: 1-bedroom flat with a large private balcony.
Third Floor: 1-bedroom flat.
The property was built in 1989.
All flats are currently rented out on Assured Shorthold Tenancy Agreements (ASTs), generating a combined rental income of £55,700 per annum. The property is well-maintained, with double-glazed windows throughout and fully furnished flats.
This prime corner property in a highly desirable area presents an excellent return on investment. Don't miss out on this rare opportunity!
Asking Price: £740,000