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Palmers Mews 220 Trade Close 12 Unit Apartment Building £4,000,000 (£333,333/Unit) London N13 5UD

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INVESTMENT HIGHLIGHTS

  • Recently completed development
  • Four commercial units with potential conversion to residential STPP
  • Benefiting from ICW new-build warranty
  • Within walking distance of all the local amenities

EXECUTIVE SUMMARY

The property comprises 6x 2-bedroom maisonettes and 2x 1-bedroom flats as well as 4 commercial units. The 2-bedroom maisonettes extend to approximately 1,173 sq. ft* with an additional single integrated garage on the ground floor. Each maisonette benefits from 2 balconies; one on each floor. The master bedroom includes an en-suite and a family bathroom serves the second bedroom. The living space is open plan and occupies the whole of the second floor in an open-plan configuration. The one-bedroom flats extend to approximately 549 sq. ft* each and have a balcony off the living area. The ground floor commercial units benefit from planning use class E. Three of the commercial units extend to approximately 388 sq. ft, and the other extends to approximately 409 sq. ft. The site extends to c.0.291 acres. There are 6x garages for parking belonging to the 6 duplexes.

PROPERTY FACTS

Price £4,000,000
Price Per Unit £333,333
Sale Type Investment
Tenure Freehold
No. Units 12
Property Type Build-to-Rent
Property Subtype
Apartment
  • General Retail Shopfront Retail / Residential
Apartment Style Low-Rise
Costar Property Class B
Total Plot Size 0.29 ac
Property Size 9,711 sq ft
Average Occupancy 0%
No. Floors 3
Year Built 2010
  • Listing ID: 37538665

  • Date on Market: 04/09/2025

  • Last Updated:

  • Address: 220 Trade Close, London N13 5UD

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