REVISIONARY UNBROKEN RESIDENTIAL INVESTMENT OPPORTUNITY
435 Green Lanes, Harringay, London
N4 1HA
Unbroken block of 12 flats
Gross Income of £127,536 pa
The building is underlet with an estimated ERV of £150,000
Total NIA – 4,698ft2
435 Green Lanes, Harringay, London N4 1HA
Guide £3,000,000 Subject to Contract
Residential block arranged as (1x 1 bedroom, 2x 2 bedrooms, 2x studios)
Rear building made up of (2x 1 bedrooms, 2x 2 bedrooms, 3x studios)
Excellent transport links, only 0.2miles to the closest station, Harringay Green Lanes, which is served by London Overground
Total income - £127,536 p/a
The building is underlet with an estimated ERV of £150,000
Total NIA - 4,698ft2
Freehold
www.estate-office.com
435 Green Lanes, Harringay, London N4 1HA
Description:
435 Green Lanes is made up of two separate residential blocks. 435 Green Lanes The first is situated above a William Hill, with access gained through the High Street. This block consists of 5 flats, one of which boasts a large roof terrace.
The second block, Alexander House, comprises of 7 units. These benefit from rear access and two separate entrances.
Transportation
Harringay is just under 5 1⁄2 miles (8.9 km) from the centre of London.
Harringay (0.3 miles)
Harringay Green Lanes (0.2 miles)
Manor House (0.6 miles) Source: Google maps, not to scale, provided for indicative purposes only. Extensive, regular bus services. Location The property is situated on Green Lanes, Harringay’s main shopping street, between Duckett Road and Cavendish Road.
Harringay is a cosmopolitan area with a lot of history, Green Lanes consists of many well established shops. 435 Green Lanes is only a short distance from Finsbury Park, which offers 110 acres of open green space and an arboretum area. www.estate-office.com 435 Green Lanes, Harringay, London N4 1HA
Accommodation and Income Schedule
Block One, 435 Green Lanes, London N4 1HA
AST Length of Flat Size (ft2) Income (pcm) commencement tenancy Flat 1 2 bedrooms 675 £1,325 12th May 2015 12 months Studio with Flat 2 345 £875 6th October 2015 12 months separate kitchen Studio with Flat 3 321 £850 3rd October 2015 12 months separate kitchen 1 bedroom with Flat 4 421 £1,170 10th February 2014 Holding Over large roof terrace Flat 5 2 bedrooms 501 £1,235 23rd October 2015 12 months
Block Two (Alexander House), 435 Green Lanes, London, N4 IBP
Flat 1 1 bedroom 291 £758 20th July 2014 Holding Over Flat 2 Studio 484 £500 18th May 2014 Holding Over Flat 3 1 bedroom 264 £650 11th June 2015 12 months th Flat 4 Studio 166 £430 6 November 2009 Holding Over Flat 5 Studio 209 £585 20th October 2011 Holding Over Flat 6 2 bedrooms 441 £1,000 7th October 2014 Holding Over Flat 7 2 bedrooms 580 £1,250 6th March 2015 Holding Over
Total 4698 £127,536
www.estate-office.com 435 Green Lanes, Harringay, London N4 1HA
Block One, 435 Green Lanes - Floorplans
www.estate-office.com 435 Green Lanes, Harringay, London N4 1HA
Block Two (Alexander House), 435 Green Lanes, Floorplans
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EPC Proposal Tenure
Available upon request. Guide £3,000,000 Freehold Subject to Contract
For further information, appointments & viewings +44 (0)207 266 8500
Chaim Aziz [email protected]
Nic Shaer [email protected]
DISCLAIMER The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute or constitute part of an offer or contract. All descriptions, dimensions, reference to condition and necessary permissions for use and other details are given without responsibility and any intending purchasers or tenants www.estate-office.com should not rely on them as statements or representations of fact, but must themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Estate Office has an authority to make or give any representation or warranty whatsoever in relation to this property. May-16.