13 bedroom block of flats for sale in London

£2,700,000
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Beds: 13
Baths: 13
44 - 46 Hendon Lane, Finchley N3 See map

Freehold site which consists of 13 residential units and a retail shop (A1) in a prime location in Finchley Central all let out being sold as a going concern, producing a annual rental of circa 165,000.

Please call the office for further information.Main DescriptionInstructed to sell a Freehold site which consists of 13 residential units and a shop in Finchley Central all let out being sold as a going concern, producing a annual rental of circa 160,000.
The property also comes with the benefit of approved planning for the creation of 2 additional 1 Bed flats.
Separately a Freehold Shop let out, producing 12K PA on a 5 Year (repair and insuring lease)
See link attached of the most recent one bed we let below –
#/?channel=RES_LET

The Shop new lease for 5 years from 1.11.21 – 1000 Per Month.
13 Units broken down as –
Flat 1: 1000 Per Month – 1 Bed – 35m2
Flat 2: 865 Per Month – Studio – 20m2
Flat 3: 1100 Per Month – 1 Bed – 35m2
Flat 4: 975 Per Month – 1 Bed – 35m2
Flat 5: 950 Per Month – 1 Bed – 35m2
Flat 6: 1200 Per Month – 2 Bed – 35m2
Flat 7: 920 Per Month – 1 Bed – 35m2
Flat A: 950 Per Month – 1 Bed – 35m2
Flat B: 850 Per Month – 1 Bed – 35m2
Flat C: 920 Per Month – 1 Bed – 35m2
Flat D: 1000 Per Month – 1 Bed – 35m2
Flat E: 920 Per Month – 1 Bed – 35m2
Flat F: 950 Per Month – 1 Bed – 35m2

Our client has confirmed that most of the flats are let below market value as he favours longevity of tenancies with some tenants having not had a rent review for years

Listed: July 13, 2022
Views:48
ID:5558767

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Aegon House, Ground Floor Suite, 13 Lanark Square, London, E 14 9QD, UK
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Aegon House, Ground Floor Suite, 13 Lanark Square, London, E 14 9QD, UK
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