Terraced house for sale in Caledonian Road, London N1

Terraced house for sale - 2 bedrooms 2 1 2
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Property description

Freehold Investment Opportunity

Alwyne Estates are sole agents on this new to the market Freehold Investment opportunity. Comprising of two adjacent buildings comprising two retail units on short leases and residential units on the two floors above, currently let out on ASTs with HMO licensing. The residential units consist of 4 bedsit rooms in each building, shared use of bathroom and kitchen.

343 Caledonian rd, N1

Shop & residential uppers

gf retail appox 550 sqft generating £14,300
Floor 1 & 2: 4 rental rooms generating £2,650 pcm = £31,800
Total: £46,100

345 Caledonian rd, N1

Shop & residential uppers

gf retail approx 550 sqft generating £14,300
Floor 1 & 2: 4 rental rooms generating £2,625 pcm = £31,500
Total: £45,800

Approximate total income of £92,000pa

Potential to develop under permitted development.

Viewing by appointment only.

Floorplan(s): Floorplan 1 Floorplan 2

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For more information about this property, please contact
Alwyne Estates, N1 on +44 20 3478 3599 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Alwyne Estates, and do not constitute property particulars. Please contact Alwyne Estates 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.

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