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Wilberforce Road, Finsbury Park, London N4

  • Freehold Residential Investment Opportunity.
  • Located in the London Borough of Hackney within Zone 2.
  • Currently arranged as a 27-unit HMO.
  • 8-10 off-street parking spaces.
  • The property comprises approximately 771 sq m
  • (8,300 sq ft) GIA.
  • Let to Oliver Landon Limited for a term expiring on 31 January 2022. (The tenant has confirmed their intentions to extend their lease by a further 10 years.)
  • Total current passing rent of £340,000 per annum.
  • Strong underlying demand for HMO accommodation in the area.
  • We are instructed to seek offers in the region of £4,900,000, subject to contract, reflecting a Gross Yield of 6.93% and a Capital Value of £590 per sq ft.

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