Block of flats for sale in Regents Park Road, London N3
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Property description
Located an 8 minute walk (0.4 miles) from Finchley Central Underground Station (Northern Line).
The property is in good condition throughout, requiring no capital expenditure.
Arranged as 1 x studio, 3 x 1 bedroom & 1 x 4 bedroom apartments.
Measuring approximately 2,228 sqft gia.
Currently fully let, producing £103,200 per annum.
Flat 2 benefits from access to a private rear garden.
We have been advised that the Estimated Rental Value is in the region of £112,800 per annum.
Planning has been granted for a mansard roof extension with front dormer & rear dormer with juliette balcony. London Borough of Barnet planning
ref: 23/1045/ful.
There is a parcel of land to the rear of the site suitable for redevelopment, measuring 1,144 sqft which is available via separate negotiation.
Freehold.
Offers in Excess of £1,450,000 (One Million, Four Hundred and Fifty Thousand) subject to contract. Reflecting a gross yield of 7.12%.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Estate Office, NW8 on +44 20 7768 1786 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Estate Office, and do not constitute property particulars. Please contact Estate Office for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.