Investment Properties: 811 High Road, Finchley N12

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811 High Road, Finchley N12

  • Located in North Finchley, a prosperous suburb of North London
  • An unbroken block converted in 2009 and arranged as 9 self-contained apartments
  • Configured to provide 2 x 1 bed, 6 x 2 bed and 1 x 3 bed apartments
  • Total NIA - 6,922 ft2
  • Current Income - £99,509pa plus 2 vacant (1 x 1 bed and 1 x 2 bed) apartments and two tenants currently "Holding Over"
  • ERV when fully let in line with current market conditions - £150,340pa
  • The property is to be sold by way of a new 999 Year Leasehold Interest at a peppercorn ground rent
  • Price - Offers In Excess Of £3,000,000 Subject to Contract which reflects a capital value of £433/sq ft