Crouch Hill, Crouch End, North London
- PROPERTY TYPE
End of Terrace
- SIZE
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- TENUREDescribes 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
- Freehold mixed-use investment
- Established café tenant occupying ground floor and basement
- Four self-contained residential units
- Strong diversified income stream
- Total passing rent of £107,332 per annum
- Residential rents currently below market value
- Long-term private tenants providing stability of income
- Potential for future rental growth and asset management opportunities
- Outdoor seating/external space serving the commercial unit
- Located within a thriving and affluent North London catchment
Description
The commercial premises are let on a 20-year lease from February 2012, with rent reviews every four years, currently producing £43,000 per annum.
The upper parts comprise 2 x one-bedroom flats and 2 x studio flats, all occupied by long-term private tenants, generating £64,332 per annum.
The residential rents are currently below market value, offering potential for future rental growth.
Income Summary - Commercial Income: £43,000 per annum. Residential Income: £64,332 per annum. Total Income: £107,332 per annum.
EPC rating: D.
Ideally positioned within a thriving North London location, the property benefits from excellent transport links, strong tenant demand, and a vibrant mix of independent cafés, restaurants, and local amenities. A rare opportunity to acquire a substantial mixed-use investment offering immediate income and future asset management 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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Energy performance certificate - ask agent
Crouch Hill, Crouch End, North London
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Visit our security centre to find out moreDisclaimer - Property reference Mixed-Use-Freehold-N8. 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 City and Town Estates, London. 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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