£480,000
3 bed terraced house for saleSt. Mary's Road, Edmonton N9
3 beds
1 bath
1 reception
EPC Rating: D
Just added
Available immediately
Freehold
About this property
Development opportunity STPP
Current rental income: £25,000 pa
Well-maintained throughout
Early viewing highly recommended
Description
Relocation Homes are delighted to offer this well-maintained 3-bedroom house, presenting an excellent opportunity for investors and developers.
The property is currently let and producing £25,000 per annum, providing an immediate rental income for an investor seeking an income-producing asset.
Internally, the property is bright, spacious and very well maintained, with generous room proportions throughout. The existing accommodation provides a strong foundation for continued rental use, with the property currently being occupied by tenants.
A key feature of this opportunity is the potential for reconfiguration and development, with the property offering scope to potentially create a separate 1-bedroom dwelling and a 3-bedroom dwelling, subject to obtaining the necessary planning permission, building regulations approval and any other relevant consents.
This provides an attractive proposition for a developer looking to add value through residential conversion and reconfiguration, while the existing rental income also makes the property suitable for an investor seeking a turnkey, income-producing investment.
The property therefore offers flexibility for a number of strategies, whether that be retaining the existing accommodation and rental income, undertaking a future reconfiguration, or exploring the property's wider development potential.
With its spacious accommodation, excellent condition, existing rental income and development potential, this is an opportunity that warrants an early inspection.
Early viewings are highly recommended to fully appreciate the accommodation and potential on offer.
Tenure: Freehold
Relocation Homes are delighted to offer this well-maintained 3-bedroom house, presenting an excellent opportunity for investors and developers.
The property is currently let and producing £25,000 per annum, providing an immediate rental income for an investor seeking an income-producing asset.
Internally, the property is bright, spacious and very well maintained, with generous room proportions throughout. The existing accommodation provides a strong foundation for continued rental use, with the property currently being occupied by tenants.
A key feature of this opportunity is the potential for reconfiguration and development, with the property offering scope to potentially create a separate 1-bedroom dwelling and a 3-bedroom dwelling, subject to obtaining the necessary planning permission, building regulations approval and any other relevant consents.
This provides an attractive proposition for a developer looking to add value through residential conversion and reconfiguration, while the existing rental income also makes the property suitable for an investor seeking a turnkey, income-producing investment.
The property therefore offers flexibility for a number of strategies, whether that be retaining the existing accommodation and rental income, undertaking a future reconfiguration, or exploring the property's wider development potential.
With its spacious accommodation, excellent condition, existing rental income and development potential, this is an opportunity that warrants an early inspection.
Early viewings are highly recommended to fully appreciate the accommodation and potential on offer.
Tenure: Freehold
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