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Junction Road, Islington, London, N19 2 bed terraced house for sale
Junction Road, Islington, London, N19
£1,400,000
Junction Road, Islington, London, N19
£1,400,000
Our Summary
- *FREEHOLD INVESTMENT OPPORTUNITY*TOTAL SQUARE FOOTAGE FOR THE WHOLE BUILDING IS 2978 SQ FT*Excellent potential with this part commercial and part residential INVESTMENT PROPERTY in this extremely convenient location between Tufnell Park & Archway (Northern Line) underground stations and Upper Holloway (Overground) with numerous local shops, bars, restaurants and amenities on your door step
Description
This is a freehold investment opportunity in a four-storey terraced building in Islington, London, comprising a commercial unit on the ground and basement floors, and four residential flats above. The commercial unit has a current rent of £25,000 per annum, with a lease expiring in 2033, while the residential flats are currently let at £1500, £1586, £1100, and £1333 per month, respectively. The property offers excellent potential for further development or renovation, with a total square footage of 2978 square feet and a total rental income of £91,224 per annum. Its convenient location between Tufnell Park and Archway underground stations, and Upper Holloway overground station, makes it an attractive investment opportunity for those looking to capitalize on the area's growing popularity.