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2 Queens Parade Green Lanes 625 sq ft 100% Let Office Property London N8 0RD £1,250,000 (£2,000/sq ft) 6.70% Net Initial Yield
Investment Highlights
- Good access to public transport (Turnpike Lane Underground station)
- Strong rental demand
- Situated in thriving residential neighbourhood
Executive Summary
2 Queens Parade, Green Lanes, Harringay, London, N8 0RD – Price £1,250.000 – Freehold
Prime Mixed-Use Investment Opportunity – Green Lanes, Harringay
An excellent opportunity to acquire a substantial mixed-use freehold investment prominently positioned along the ever-popular Green Lanes in the heart of Harringay. This well-located property comprises a ground floor commercial shop and six self-contained studio apartments above, producing a strong combined annual income of £83,700 per annum.
Prime Mixed-Use Investment Opportunity – Green Lanes, Harringay
An excellent opportunity to acquire a substantial mixed-use freehold investment prominently positioned along the ever-popular Green Lanes in the heart of Harringay. This well-located property comprises a ground floor commercial shop and six self-contained studio apartments above, producing a strong combined annual income of £83,700 per annum.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office / Residential
Property Size
625 sq ft
Costar Property Class
B
Year Built
1930
Price
£1,250,000
Price per sq ft
£2,000
Yield
6.70%
NOI
£83,700
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
625 sq ft
Plot ratio
0.48
Total Plot Size
0.03 ac
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2 Queens Parade | Green Lanes
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