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1 bedroom mixed use property for sale

The Roundway, London, N17

Offers in Region of
£435,000

£271.88 per sq ft

Business rates & charges may apply

Countrywide Commercial, Greater London
SIZE AVAILABLE

1,600 sq ft

149 sq m

SECTOR

1 bedroom mixed use property for sale

USE CLASSUse class orders: C3 Dwelling Houses and Class E

C3, E

Key features

  • * FREEHOLD MIXED-USE INVESTMENT
  • * TOTAL PASSING INCOME £32,280 PER ANNUM
  • * GUIDE PRICE £435,000+ (APPROX. 7.4% GROSS INITIAL YIELD AT GUIDE)
  • * GROUND FLOOR E-CLASS COMMERCIAL UNIT LET AT £18,000 PA
  • * LEASE TERM 20 YEARS FROM JULY 2022 (APPROX. 17 YEARS UNEXPIRED)
  • * SELF-CONTAINED 1-BED FLAT ABOVE (SEPARATE ACCESS) LET AT £1,190 PCM (AST)
  • * TOTAL GIA APPROX. 1,595 SQ FT (COMMERCIAL 1,056 SQ FT / RESIDENTIAL 539 SQ FT)
  • * TOTTENHAM, LONDON N17 - CLOSE TO TURNPIKE LANE (PICCADILLY LINE) AND WHITE HART LANE STATION
  • * POTENTIAL FOR REVERSIONARY UPLIFT SUBJECT TO LEASE EVENTS/RENT REVIEWS

Description

**FULL DESCRIPTION**

An income-producing **freehold mixed-use investment** comprising a ground floor **E-Class commercial unit** with a **self-contained one-bedroom flat above**, located on The Roundway, Tottenham N17. The residential accommodation is accessed independently, providing a clear separation between the commercial and residential elements.

**ACCOMMODATION (GIA - FOR GUIDANCE)**

* Ground floor commercial: **1,055.94 sq ft** (98.10 sq m)
* First floor 1-bed flat: **539.27 sq ft** (50.1 sq m)
* **Total GIA:** **1,595.21 sq ft** (148.2 sq m)

**TENANCIES / INCOME**

* **Commercial unit:** Let at **£18,000 per annum**, held on a lease with **approximately 17 years unexpired** (further lease details available within the legal pack).
* **1-bed flat:** Let on an **AST** at **£1,190 per calendar month** (**£14,280 per annum**).
* **Total passing income:** **£32,280 per annum**.

**PRICE / YIELD**
**Guide Price: £435,000+ (Freehold)**, reflecting an approximate **7.4% gross initial yield** at the guide price (before purchaser's costs).

**LOCATION & CONNECTIVITY**
The property sits within a well-established residential catchment in **Tottenham** (London Borough of Haringey), supporting consistent demand for both local retail/service occupiers and rental accommodation. Transport links are convenient, with Turnpike Lane Underground Station and White Hart Lane railway station within easy reach, along with further connections via Bruce Grove and Tottenham Hale. Road links provide access to the A10 and North Circular (A406).

For further information, including the legal pack and viewing arrangements, please get in touch.

Energy Performance Certificates

EPC 1EPC 2

Brochures

The Roundway, London, N17

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wood Green Station0.8 miles
  • Turnpike Lane Station0.8 miles
  • White Hart Lane Station1.0 miles

About Countrywide Commercial, Greater London

Connaught House Broomhill Road, Woodford Green Essex IG8 0XR

Notes

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