Property for sale

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Property for sale

High Road, Tottenham, London, N17
£465,000

Our Summary

  • There may also be scope for future development or extension of the property, subject to obtaining the necessary planning consents, particularly in relation to the basement and garden areas
  • Two long leasehold flats (not included in sale)Rent review on commercial lease every 2 yearsRear garden included with commercial unitPotential development opportunity (STPP)Located in a busy and well-connected part of TottenhamStrong long-term investment with reversionary valueThis is an ideal purchase for investors seeking a secure income-producing asset with future development potential in a rapidly regenerating area of North London

Description

Goldmove Properties is offering for sale the freehold interest in a mixed-use building on the High Road in Tottenham. The property features a self-contained commercial unit on the ground floor and basement, currently let and generating a rental income of £25,000 per annum, with rent reviews every two years. Above the commercial unit are two residential flats, both sold off on long leasehold titles, with a reversionary interest in the incoming purchaser. The property also includes a private rear garden and may have scope for future development or extension, subject to obtaining planning consents. This is an ideal investment opportunity for those seeking a secure income-producing asset with future development potential in a rapidly regenerating area of North London.