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Grove Park Road, London, N15

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

6

SIZE

1,442 sq ft

134 sq m

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

  • Six-bedroom HMO With En-suite
  • Approximately 1,442 sq ft
  • Gross Annual Rental Income Of £74,400
  • Arranged Over Three Floors
  • Excellent Transport Connections
  • Investment Opportunity
  • Communal Kitchen
  • Established Rental Income

Description

An excellent opportunity to acquire a six-bedroom HMO investment situated on Grove Park Road, N15, set over approximately 1,442 sq ft and currently producing a gross rental income of £6,200 per calendar month, equivalent to £74,400 per annum.

The property is arranged over three floors and comprises six individual rooms, each benefiting from its own en-suite bathroom and small kitchen area, together with a communal kitchen providing additional facilities for residents.

The accommodation is well suited to the professional lettings market, offering tenants the benefit of private en-suite facilities and individual living spaces alongside communal accommodation.

The floorplans show the property arranged over the ground, first and second floors. The ground floor includes two en-suite rooms, a communal kitchen, storage and additional external areas. The first floor provides a further three en-suite rooms, while the second floor comprises the sixth en-suite room. With a current rental income of £6,200 pcm, the property generates £74,400 per annum.

Location & Transport

Grove Park Road is situated within the popular N15 area of North London, offering excellent access to a wide range of local amenities, transport links and leisure facilities.

Seven Sisters Underground and railway station is within easy reach, providing access to the Victoria Line, offering fast connections into central London, as well as rail and London Overground services.

Tottenham Hale is also nearby, providing further excellent transport connections, including Underground, rail and Overground services, as well as the Stansted Express.

The surrounding area offers a diverse selection of shops, cafés, restaurants and everyday amenities, with West Green Road and Seven Sisters providing a particularly convenient range of facilities for residents.

Green Spaces

The property also benefits from access to a number of green spaces, providing a welcome balance to its convenient London location.

Downhills Park and Lordship Recreation Ground are both within easy reach, offering open green spaces, walking routes and recreational facilities. Finsbury Park, Chestnuts Park and Woodberry Wetlands also provide further opportunities for outdoor leisure and recreation.


EPC Rating: D
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.
Band: E
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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Grove Park Road, London, N15

Approximate location

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Affordability

Monthly repayments£4,388
Property: £ 875,000
Deposit: £ 87,500
Interest rate: 5.33%
Term: 30 years
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About Charles Henry Peppiatt Ltd, London

22 Fortess Road, NW5 2HB
Industry affiliations:

About us

At Charles Henry Peppiatt, we have over 50 years' experience in the local residential property market in NW5 and surrounding areas. We are fully independent which allows us to be flexible to accommodate your individual requirements and deliver a more personalised service, tailored to your home buying, selling and letting needs. · We pride ourselves on delivering an outstanding level of Customer Service and due to our extensive knowledge of the area and understanding.

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Disclaimer - Property reference 3b33ce25-e164-465e-836d-7d7a8a7c6e02. 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 Charles Henry Peppiatt Ltd, 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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