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Green Lanes, London, N16

Key features

  • Mixed-Use Freehold
  • Vacant Possession
  • Shop (Ground Floor): Bright retail unit with street frontage and private entrance; flexible use (STPP)
  • Flat 1 (Lower Ground): 1.5-bed, kitchen/dining, bathroom, private rear terrace
  • Flat 2 (Ground Floor): Self-contained studio with kitchen and bathroom
  • Flat 3 (First Floor): 1.5-bed, separate kitchen, bathroom + additional WC
  • Flat 4 (2nd–3rd Floors): Large triplex; 3.5 beds + terrace, kitchen/dining, 2 WCs, top-floor bathroom

Description

A mixed-use freehold building on Green Lanes, comprising a ground-floor shop unit and four self-contained flats arranged over 5 levels. The configuration offers a rare combination of commercial and residential income from a single title, with scope for an investor to hold long-term or to reconfigure the upper parts subject to the usual consents.

The shop occupies the front of the ground floor with its own entrance directly onto Green Lanes, suiting a range of retail or service uses (Currently a beauty studio). Behind it, on the same level, sits a compact self-contained studio flat with its own separate kitchen and bathroom. Below, on the lower ground floor, is a 1.5 bedroom flat with a kitchen/dining room, a bathroom, and a private terrace at the rear, an unusual feature at garden level and one that adds real character to the unit.

The first floor holds a 2 bedroom flat with a separate kitchen, a bathroom, and an additional WC, laid out to work well for sharers or a small family. Above this, the largest of the flats spans the second and 3rd floors as a duplex. The entry level has three bedrooms, a bathroom, and its own terrace; the floor above is given over to a kitchen/dining room with a further bedroom and WC; and a top-floor bathroom completes the arrangement. The result is a maisonette with genuine scale, plenty of light, and a layout that lends itself to flexible use.

The property sits on a busy stretch of Green Lanes, well-placed between Stoke Newington, Newington Green and Manor House. Clissold Park is a short walk away, and Manor House Underground, Stoke Newington Overground and a number of bus routes provide straightforward access into central London.

Suitable for investors, owner-occupiers with rental ambitions, or developers looking at a building with clear income in place and room to add value.

Offering a superb investment opportunity, this exceptionally spacious residential and commercial premises is arranged over four floors. Located on Green Lanes on the periphery of vibrant Stoke Newington, the property comprises; shop with basement and residential upper maisonette with 6 bedrooms, 2 bathrooms, large kitchen diner,two reception rooms and roof terrace. Green Lanes is ideally located moments away from the wide range of bars, restaurants and coffee houses of Stoke Newington Church Street. The nearest Underground Station is Highbury & Islington (Victoria Line) and Stoke Newington Station (British Rail) is close by.

Brochures

Green Lanes, London, N16
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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Green Lanes, London, N16

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About Hunters - Stoke Newington, Stoke Newington

185 Church Street, Stoke Newington, London, N16 0UL
Industry affiliations:

Hunters - Specialising in residential Sales, in the Stoke Newington, Stamford Hill, Islington, Finsbury park, Lower Clapton, Upper Clapton, Clapton, Dalston, Highbury, Hackney, Crouch End, Newington Green areas.

With the Hunters team working locally in Stoke Newington for over 13 years we have a proven track record of achieving the best results for Sellers and Buyers.

If you're thinking of Buying or Selling, contact the Stoke Newington Sales office on 020 7249 7499.

Affordability

Monthly repayments£7,522
Property: £ 1,500,000
Deposit: £ 150,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 34655848. 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 Hunters - Stoke Newington, Stoke Newington. 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.

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