Freehold Investment Opportunity
Alwyne Estates are sole agents on this new to the market Freehold Investment opportunity. Comprising of two adjacent buildings comprising two retail units on short leases and residential units on the two floors above, currently let out on ASTs with HMO licensing. The residential units consist of 4 bedsit rooms in each building, shared use of bathroom and kitchen.
343 Caledonian rd, N1
Shop & residential uppers
gf retail appox 550 sqft generating £14,300
Floor 1 & 2: 4 rental rooms generating £2,650 pcm = £31,800
Total: £46,100
345 Caledonian rd, N1
Shop & residential uppers
gf retail approx 550 sqft generating £14,300
Floor 1 & 2: 4 rental rooms generating £2,625 pcm = £31,500
Total: £45,800
Approximate total income of £92,000pa
Potential to develop under permitted development.
Viewing by appointment only.