£770,000
Property for saleTurnpike Lane, Turnpike Lane N8
Just added
Freehold
About this property
Three Storey
Upper Maisonette Vacant
F.R.I Lease Ground Floor
Ground Floor Rent Being Paid
Freehold Mixed-Use Investment with Vacant Upper Parts
Capital Homes are delighted to offer this excellent freehold mixed-use investment opportunity, comprising a ground floor commercial premises with vacant residential accommodation above.
The property is arranged over three floors. The ground floor commercial unit extends to approximately 588 sq ft (subject to verification) and is currently let on a Full Repairing and Insuring (F.R.I.) Lease, producing a rental income of £23,000 per annum.
The ground floor lease includes the commercial premises together with the rear residential accommodation. We understand that the rear residential accommodation is currently sublet; however, purchasers should rely on their own enquiries.
The upper parts benefit from their own private entrance from the front of the property and comprise three well-proportioned bedrooms, a spacious reception room, separate kitchen/diner, and family bathroom/WC, arranged over the first and second floors. The upper parts are offered with vacant possession, providing excellent owner-occupier or letting potential.
To the rear of the ground floor is a self-contained residential apartment with its own independent entrance. We are unable to confirm whether this accommodation was created with the benefit of the necessary planning consent and/or Building Regulations approval. Interested parties must satisfy themselves by making their own enquiries with the relevant local authority.
Ideally situated within a short walk of West Green Road, Turnpike Lane Underground Station (Piccadilly Line), Wood Green High Road and an excellent selection of local shops, cafés, restaurants and bus routes, the property occupies a highly convenient and well-connected location.
Key Features
Freehold mixed-use investment
Ground floor commercial unit let on an F.R.I. Lease
Passing rent of £23,000 per annum
Vacant three-bedroom maisonette over first and second floors
Separate private entrance to upper parts
Self-contained rear apartment (buyers to make their own planning enquiries)
Excellent investment and asset management opportunity
Convenient location close to Turnpike Lane Underground Station and local amenities
Viewing strictly by appointment only.
Capital Homes what3words /// ridge.noise.jazz
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Capital Homes are delighted to offer this excellent freehold mixed-use investment opportunity, comprising a ground floor commercial premises with vacant residential accommodation above.
The property is arranged over three floors. The ground floor commercial unit extends to approximately 588 sq ft (subject to verification) and is currently let on a Full Repairing and Insuring (F.R.I.) Lease, producing a rental income of £23,000 per annum.
The ground floor lease includes the commercial premises together with the rear residential accommodation. We understand that the rear residential accommodation is currently sublet; however, purchasers should rely on their own enquiries.
The upper parts benefit from their own private entrance from the front of the property and comprise three well-proportioned bedrooms, a spacious reception room, separate kitchen/diner, and family bathroom/WC, arranged over the first and second floors. The upper parts are offered with vacant possession, providing excellent owner-occupier or letting potential.
To the rear of the ground floor is a self-contained residential apartment with its own independent entrance. We are unable to confirm whether this accommodation was created with the benefit of the necessary planning consent and/or Building Regulations approval. Interested parties must satisfy themselves by making their own enquiries with the relevant local authority.
Ideally situated within a short walk of West Green Road, Turnpike Lane Underground Station (Piccadilly Line), Wood Green High Road and an excellent selection of local shops, cafés, restaurants and bus routes, the property occupies a highly convenient and well-connected location.
Key Features
Freehold mixed-use investment
Ground floor commercial unit let on an F.R.I. Lease
Passing rent of £23,000 per annum
Vacant three-bedroom maisonette over first and second floors
Separate private entrance to upper parts
Self-contained rear apartment (buyers to make their own planning enquiries)
Excellent investment and asset management opportunity
Convenient location close to Turnpike Lane Underground Station and local amenities
Viewing strictly by appointment only.
Capital Homes what3words /// ridge.noise.jazz
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Mortgage calculator
Monthly repayment
£3,851 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}