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6 bed property, in Birnam Road, £1,400,000
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6 bed terraced house

Birnam Road, Holloway, London N4
Planning
£1,400,000

Our Summary

  • Birnam Road, Finsbury Park - Exceptional HMO Investment Opportunity SuperNova Real Estate is delighted to present this outstanding investment opportunity at Birnam Road, Finsbury Park
  • Planning permission was previously granted for a loft extension, demonstrating the property's development capability
  • Although this permission has now expired, it may provide a useful basis for a future planning application, subject to the necessary consents
  • In addition, like many Victorian properties of this style, there may also be scope to create a basement extension, subject to obtaining the appropriate planning permissions and building regulations approval, offering investors further potential to enhance both rental income and capital value
  • Combining strong existing income with development potential in a highly desirable North London location, this is an opportunity not to be missed

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Description

The property at 9 Birnam Road, Finsbury Park, is a substantial Victorian terraced property with six double bedrooms, each with its own private en-suite bathroom, two fully fitted communal kitchens, and a private rear garden. The property has been fully configured as a six-bedroom HMO and is currently achieving £7,800 per calendar month in rental income. The property features high ceilings and period character, and retains many of its original Victorian features.

It has previously had planning permission granted for a loft extension, and there may also be scope to create a basement extension, subject to obtaining the necessary consents. The property is located on a sought-after residential street, within easy walking distance of Finsbury Park Station, and enjoys outstanding transport links.