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Archway Road, Highgate

PROPERTY TYPE

House

BEDROOMS

6

BATHROOMS

6

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floor Plan
1

Key features

  • FREEHOLD BUILDING
  • CHAIN FREE
  • Guide price: £1.45m - £2m.
  • Two bedroom flat with a garden
  • 5x Studio Apartments
  • Current rental income: £97,200 per annum income
  • Potential income of £120,000 per year
  • Inbetween Highgate & Archway Tube Station 5 minute walk
  • Shops and other local amenities nearby

Description

A unique opportunity is now available to acquire a freehold property in the prestigious Highgate area, N6. This building features five studio apartments and one two-bedroom apartment, all currently occupied. The property also includes a garden.

Rental income for each apartment is as follows:

Apartment 1: Two-bedroom unit with garden access, leased for £1,700 per month.
Apartment 2: Spacious studio apartment, generating £1,280 per month.
Apartment 3: Studio apartment, also bringing in £1,280 per month.
Apartment 4: Large studio apartment, earning £1,280 per month.
Apartment 5: Standard studio apartment, rented at £1,280 per month.
Apartment 6: Large studio apartment, yielding £1,280 per month.
Combined, the property is projected to generate an annual income of over £120,000. Prospective buyers are encouraged to contact the sales agent for a comprehensive financial breakdown.

Strategically located just a 10-minute walk from both Archway and Highgate Underground Stations and with easy access to major bus routes, the property offers exceptional convenience.

For further details or to express interest, please reach out to the sales agent.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Archway Road, Highgate

Approximate location
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About Alex Crown Lettings & Estate Agents, Islington

708 Holloway Road, London, N19 3NL
Industry affiliations:Industry affiliation logo 0

Alex Crown Lettings & Estate Agents is a thriving and dedicated company based in the heart of Archway in North London specializing in residential sales, lettings and property management, we also cover most of London.

We offer a comprehensive range of services at very competitive rates tailored to your individual requirement.

We are committed to providing a high level of assistance, so whether looking to buy, sell or let a property you can rely on us and be confident that our highly focused agents will attend to your every need.

Alex Crown Lettings & Estate Agents is a thriving and dedicated company based in the heart of Archway in North London specializing in residential sales, lettings and property management, we also cover most of London.

We offer a comprehensive range of services at very competitive rates tailored to your individual requirement.

We are committed to providing a high level of assistance, so whether looking to buy, sell or let a property you can rely on us and be confident that our highly focused agents will attend to your every need.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£6,769
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 8058. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Alex Crown Lettings & Estate Agents, Islington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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