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5 bed property
Cotswold Lodge, Stapylton Road, High Barnet EN5
£1,200,000
Cotswold Lodge, Stapylton Road, High Barnet EN5
£1,200,000
Our Summary
- *superb freehold investment opportunity with 6% rental yield* *£72,000 annual rent*
- *planning permission approved to make ground, first and second floor larger
- Further benefits include second planning application passed to build a basement, audio entry system
- Planning permission approved
- Superb investment opportunity
Description
This is a superb freehold investment opportunity located in the heart of High Barnet, offering a 6% rental yield with an annual rent of £72,000. The property comprises four apartments, including three one-bedroom and one two-bedroom units, with a courtyard garden and off-street parking. Planning permission has been approved to increase the size of the ground, first, and second floors, providing potential for future development. The property is situated near Spires Shopping Centre, with its array of local shops, amenities, and restaurants, as well as High Barnet Tube Station and two outstanding primary schools. Additionally, a second planning application has been passed to build a basement, and the property features an audio entry system, with no service charges or ground rent.