An unbroken residential investment on Regents Park Road, London N3.\r
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Located an 8 minute walk (0.4 miles) from Finchley Central Underground Station (Northern Line).\r
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The property is in good condition throughout, requiring no capital expenditure.\r
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Arranged as 1 x studio, 3 x 1 bedroom & 1 x 4 bedroom apartments.\r
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Measuring approximately 2,228 sqft GIA.\r
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Currently fully let, producing £103,200 per annum.\r
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Flat 2 benefits from access to a private rear garden.\r
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We have been advised that the Estimated Rental Value is in the region of £112,800 per annum.\r
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Planning has been granted for a mansard roof extension with front dormer & rear dormer with juliette balcony. London Borough of Barnet planning ref: 23/1045/FUL.\r
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There is a parcel of land to the rear of the site suitable for redevelopment, measuring 1,144 sqft which is available via separate negotiation.\r
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Freehold.\r
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Offers in Excess of £1,450,000 (One Million, Four Hundred and Fifty Thousand) subject to contract. Reflecting a gross yield of 7.12%.