Nether Street, London, N12 Residential development for sale

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Nether Street, London, N12 Residential development for sale

Nether Street, London, N12
£5,250,000

Our Summary

  • *Freehold Investment / Development Opportunity*

Description

Astrale House is a freehold investment/development opportunity in North Finchley, London, offering 40 ensuite bedrooms, a kitchen, staff room, and office space across two floors, with a total floor area of 11,162 sqft. The property has a large south-facing garden and carriage driveway, providing off-street parking. Currently used as a sheltered accommodation, it is subject to a 5-year lease from February 2024 at a rent of £500,000 per annum. The property is located near Woodside Park underground station and Tally Ho main bus terminal, with a range of local amenities, green spaces, and strong transport links to Central London. The area is popular and established, with a variety of shops, cafes, schools, and recreational activities nearby, making it an attractive investment opportunity.
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