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2 bed property, in Muswell Hill, £615,000
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2 bed flat

Muswell Hill, London N10
£615,000

Our Summary

  • Strong existing rental income with long-term investment potential
  • Potential to convert rear garage into a separate dwelling (STPP)
  • Scope for additional ground floor apartment creation (STPP)
  • Potential roof space development for further accommodation (STPP
  • Rare opportunity for investors, developers, and experienced landlords
  • Prime Freehold Investment & Development Opportunity – Muswell Hill, London N10 An exceptional opportunity to acquire the freehold interest of a substantial and centrally located apartment building in the heart of sought-after Muswell Hill
  • Investment Highlights• Freehold interest for a block of 8 flats • One leasehold flat included within the sale • Strong asset management potential • Three flats with leases below 70 years, presenting valuable reversionary and lease extension opportunities • Centrally positioned within one of North London’s most desirable residential areas • Attractive long-term investment with multiple value-add angles Development Potential (Subject to Planning)The property may offer considerable future development potential, with previous proposals and applications having explored:• Conversion of the rear garage into a separate dwelling • Creation of additional apartment at ground floor level • Potential roof space development / additional residential accommodation Purchasers are advised to make their own planning enquiries with the local authority
  • This is a rare opportunity suited to investors, developers, and experienced landlords seeking a prime London freehold with income, asset management, and redevelopment potential

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Description

The property is a freehold apartment building in Muswell Hill, London N10, containing 8 self-contained flats and 1 included leasehold flat. The block includes a ground floor flat with a lounge, kitchen, two bedrooms, and a bathroom, creating an additional space for one of the flats contains a garage which may be converted, a flat allows for the creation of an additional apartment on the ground floor level, and the roof space may offer potential for additional residential accommodation.