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 highly convenient area between Tufnell Park and Archway underground stations, with numerous local shops, bars, and restaurants nearby. The property comprises a four-storey terraced building with a commercial unit on the ground and basement floors, currently generating £25,000 per annum in rent until 2033. The upper floors feature two self-contained flats with two bedrooms and a roof terrace, as well as two studios with open-plan kitchen and shower room. The property is generating a total rental income of £91,224 per annum, with each flat and the commercial unit having a separate lease agreement. With its excellent location and potential for further development, this property presents a unique investment opportunity for those looking to capitalize on the area's growing popularity.