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Full details for 4 Bedroom End of Terrace For Sale in Tottenham

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Description

Situated within a fantastic location on the corner of Chalgove Road and Park Lane, and on the football fans route between Northumberland Park Train Station (Direct Trains to The City) and the new Tottenham Football Stadium is this semi-detached corner house with mixed residential & commercial use, with further development potential.

The entire ground floor comprises of an established Laundrette business with 14 years lease remaining. This unit generates an annual rental income of £16,000 with a rent review due in 2022.

The first floor of this Victorian house comprises a bright and spacious two bedroom conversion flat, with separate reception room and large kitchen diner plus bathroom. The flat is currently let on a AST tenancy, achieving a monthly rental income of £1200.00

The flat has its own private entrance at the side of the building and has potential to be extended further with a loft conversion (STPP).

The house includes a large rear garden which has just had a new one story outhouse office built, we believe the office/studio can be let for approx. £700.00 per month.
Council Tax Band C

The garden areas of the house can be developed into two separate private dwellings and benefiting from being a corner plot can have their own side entrances (STPP).

In its current condition the property generates a total rental income (without office/studio being let) of £30,400 Per Annum.

We believe there is good potential to develop two x one/two storey private dwellings, i.e. ground floor flats or small cottage type dwellings, plus extend the existing two bed first floor flat with a loft conversion (STPP).

Chain free / Sole Agent / Freehold.

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