5 bed property

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5 bed property

Cotswold Lodge, Stapylton Road, High Barnet EN5
£1,100,000

Our Summary

  • *superb freehold investment opportunity with 6% rental yield* *£72,000 annual rent*
  • *planning permission approved to make ground, first and second floor larger
  • Further benefits include second planning application passed to build a basement, audio entry system
  • Planning permission approved
  • Superb investment opportunity

Description

This superb freehold investment opportunity offers a 6% rental yield with £72,000 annual rent from four apartments, including three one-bedroom and one two-bedroom units, situated in a courtyard garden with off-street parking. The property is located in the heart of High Barnet, just a short walk from the Spires Shopping Centre, High Barnet Tube Station, and a range of local amenities, including schools and hospitals. Planning permission has been approved to increase the size of the ground, first, and second floors, and a second planning application has been passed to build a basement. Additionally, the property features an audio entry system and no service charges or ground rent.