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Lordship Lane, Wood Green

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

2

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

Key features

  • Investment opportunity
  • Commercial Unit & Flat
  • Close to transport links
  • Close to green open spaces

Description

Freehold Mixed-Use Investment For Sale - Prime Wood Green Location

An excellent opportunity to acquire a fully income-producing freehold mixed-use investment prominently positioned on the ever-popular Lordship Lane in the heart of Wood Green.

The property comprises a well-established ground floor commercial unit currently trading as a vape shop, let on a 15-year lease and producing a rental income of approximately £19,000 per annum. Above, the property benefits from a spacious split-level two-bedroom apartment generating an additional £18,600 per annum.

Combined, the property produces a strong annual rental income of approximately £37,600 per annum, offering investors an attractive and immediate return with long-term income security.

Situated on the busy and vibrant Lordship Lane, the property enjoys high levels of footfall and excellent local connectivity. The area has seen significant regeneration and continued investment in recent years, making it an increasingly desirable North London location for both commercial occupiers and residential tenants alike.

The property is conveniently located within easy reach of Wood Green, Turnpike Lane and Bruce Grove, with excellent transport links providing swift access into Central London via the Piccadilly Line, Victoria Line and Overground services. A wide range of local amenities, shops, cafes and green spaces are all nearby, further enhancing the appeal of the location.

This is an ideal opportunity for investors seeking a well-located freehold asset with diversified income streams and future growth potential. 
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.
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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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Lordship Lane, Wood Green

Approximate location

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Affordability

Monthly repayments£4,012
Property: £ 800,000
Deposit: £ 80,000
Interest rate: 5.33%
Term: 30 years
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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.
Extension potential
Recently sold & under offer
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About Wilkinson Byrne, Harringay

8 Turnpike Parade, Green Lanes, London, N15 3EA
Industry affiliations:

Wilkinson Byrne have been working in the local community for over 30 years. We are a friendly, motivated and very proud team that want to provide the best possible service to our clients. Specialising in both sales, lettings and property management we are here to help with your every need. With every client that instructs us we look to offer a niche service, tailoring our skills and knowledge to fit with the individual.

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Disclaimer - Property reference 102728007412. 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 Wilkinson Byrne, Harringay. 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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