An Ideal Investment Opportunity: A Freehold Mixed-Use Property in Islington, London

Published: 27/07/2023

Are you looking for a prime investment opportunity in the bustling city of London? Look no further than this attractive freehold mixed-use property located in the heart of the vibrant London Borough of Islington. Comprising of a ground floor shop with a basement and three well-appointed 1-bedroom flats above, this property offers an exciting chance to secure a steady income and potential for capital appreciation. In this blog post, we will delve into the details of this property and explore why it presents an excellent investment prospect for discerning buyers.

Income Potential

One of the most appealing aspects of this mixed-use property is its impressive income potential. Currently, all three flats are occupied and have undergone recent refurbishments, ensuring a high standard of accommodation for the tenants. The combined rental income from the flats stands at an attractive £50,400 per annum. Additionally, the ground floor shop operates as a popular Japanese restaurant and is currently let at £22,800 per annum, with the lease expiring in 2043. The total income generated from the property amounts to an impressive £73,200 per year. With such a solid income stream, investors can enjoy stable cash flow and the potential for long-term appreciation.

Convenient Location

Situated just a short walk away from Finsbury Park Station, this property benefits from exceptional connectivity to the rest of London. Finsbury Park Station serves as a major transportation hub, offering access to both the Victoria and Piccadilly lines of the London Underground. This ensures that residents and tenants have quick and convenient travel options to reach various destinations throughout the city. For professionals, students, and commuters, this level of connectivity is highly desirable, making the property even more attractive to potential tenants and buyers.

Amenities and Attractions
Beyond its excellent transportation links, the property's location also boasts a range of desirable amenities and attractions. Finsbury Park itself is nearby, offering a green and peaceful escape from the urban hustle and bustle. For sports enthusiasts and music lovers, the iconic Emirates Stadium, home to Arsenal Football Club, is also close by. Residents can enjoy access to a variety of trendy cafes, restaurants, and shops, creating a vibrant and welcoming neighborhood for all.

Investment Potential
The offered yield of 6.6% is certainly noteworthy in the current real estate market, especially considering the prime location and mix of residential and commercial units. Investors who seek stable returns and the potential for capital appreciation in the dynamic London property market will find this opportunity enticing.
Viewings and Offers
For those intrigued by this investment prospect, unconditional offers in excess of £1,100,000 are invited. It's essential to act promptly, as opportunities in prime locations like Islington tend to attract considerable interest. Interested parties can arrange viewings to assess the property's condition and explore its investment potential further.

In conclusion, this freehold mixed-use property in the London Borough of Islington presents an outstanding opportunity for investors seeking a lucrative venture in the heart of the city. With its diverse income streams, strategic location near major transportation hubs, and access to a plethora of amenities, this property ticks all the boxes for an attractive investment prospect. If you're eager to secure a stake in London's ever-thriving real estate market, consider exploring this opportunity further. Don't miss the chance to own a property with such potential for stable returns and long-term growth.