Terraced house for sale

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Terraced house for sale

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 property located in a convenient area between Tufnell Park and Archway underground stations, with a total square footage of 2978 sq ft. The property is part commercial and part residential, comprising a four-storey terraced building with a shop on the ground and basement floors, and two self-contained flats and two studios on the upper floors. The shop is currently occupied on a lease that expires in 2033, with a current rent of £25,000 per annum. The residential units are currently rented out, generating a total rental income of £91,224 per annum. The property offers excellent potential for investment, with a mix of commercial and residential space and a prime location with numerous local amenities nearby.