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13 bed property
44 - 46 Hendon Lane, Finchley N3
£2,500,000
44 - 46 Hendon Lane, Finchley N3
£2,500,000
Our Summary
- *cash buyers only* Freehold site which consists of 13 residential units and a retail shop (A1) in a prime location in Finchley Central all let out being sold as a going concern, producing a annual rental in excess of £200,000 pa, representing a gross yield of 8% +
- The flats are in habitable condition and all let out, there is scope to refurbish the flats to add value and increase the rental output
- Freehold investment opportunity
Description
This freehold property in Finchley Central is being sold as a going concern, featuring 13 residential units and a retail shop (A1) that are all currently let out. The property produces an annual rental income exceeding £200,000, resulting in a gross yield of 8% or more. The flats are in habitable condition, but there is potential to refurbish them to increase their value and rental income. The property is being sold to cash buyers only, and further information can be obtained by contacting the office.