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Stapylton Road, HIGH BARNET EN5 Residential development for sale
Stapylton Road, HIGH BARNET EN5
£1,200,000
Stapylton Road, HIGH BARNET EN5
£1,200,000
Our Summary
- *SUPERB FREEHOLD INVESTMENT OPPORTUNITY WITH 6% RENTAL YIELD* *£72,000 ANNUAL RENT**FOUR APARTMENTS INCLUDING 3 X 1 BEDROOM AND 1 X 2 BEDROOM WITH COURTYARD GARDEN AND OFF STREET PARKING*PLANNING PERMISSION APPROVED TO MAKE GROUND, FIRST AND SECOND FLOOR LARGERThe property is ideally situated in the heart of High Barnet just a stones throw away from Spires Shopping Centre with all of its local shops and amenities such as Waitrose and a wide range of restaurants and cafes, High Barnet Tube Station (Northern Line) and is in catchment to two outstanding primary schools in Christchurch and Foulds
- Further benefits include second planning application passed to build a basement, audio entry system
- Planning permission approved
- Superb investment opportunity
Description
This is a superb freehold investment opportunity in the heart of High Barnet, offering a 6% rental yield with £72,000 annual rent. The property comprises four apartments, including three one-bedroom and one two-bedroom units, with a courtyard garden and off-street parking. Planning permission has been approved to enlarge the ground, first, and second floors, and a second planning application has been passed to build a basement. The property is conveniently located near Spires Shopping Centre, High Barnet Tube Station, and is in catchment to two outstanding primary schools. Additionally, there are no service charges or ground rent, making it an attractive investment opportunity.