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Regents Park Road

Unbroken Freehold Residential Investment
For sale

An unbroken residential investment on Regents Park Road, London N3.


Located an 8 minute walk (0.4 miles) from Finchley Central Underground Station (Northern Line).
 

The property is in good condition throughout, requiring no capital expenditure.


Arranged as 1 x studio, 3 x 1 bedroom & 1 x 4 bedroom apartments.
 

Measuring approximately 2,228 sqft GIA.


Currently fully let, producing £103,200 per annum.


Flat 2 benefits from access to a private rear garden.


We have been advised that the Estimated Rental Value is in the region of £112,800 per annum.


Planning has been granted for a mansard roof extension with front dormer & rear dormer with juliette balcony. London Borough of Barnet planning ref: 23/1045/FUL.


There is a parcel of land to the rear of the site suitable for redevelopment, measuring 1,144 sqft which is available via separate negotiation.


Freehold.

Offers in Excess of £1,450,000 (One Million, Four Hundred and Fifty Thousand) subject to contract. Reflecting a gross yield of 7.12%.

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