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    Stroud Green Road, London, N4 3PZ

    £1,250,000Freehold

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    Mortgage

    Estimated Monthly Mortgage Payment:
    £5,784 /mo.25 Years, 3.75% Interest
    Loan
    £1,125,000
    Total Repay
    £1,735,193

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £68,750
    0% up to £125,000
    2% from £125,000 to £250,000
    5% from £250,000 to £925,000
    10% from £925,000 to £1,250,000
    Your effective stamp duty rate is 5.5%

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    Stroud Green Road, London, N4 3PZ

    £1,250,000

    Key Information

    Tenure:Freehold
    Council tax band:Not available
    Broadband:up to 1800Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Mixed Use Investment
    Current Income £91,900pa
    ERV £100,000pa
    Outstanding Rent Review on Commercial Unit
    Ground Floor Commercial Class E
    3 Residential Apartments
    Prime North London Retail Parade
    Freehold
    End of Terrace, Semi Detached
    4248sq.ft
    Low Capital Value at £294/sq.ft
    -Commercial EPC (B)
    -1st Floor Flat EPC (D)
    -2nd Floor Flat EPC (C)
    -Top Floor Flat EPC (D)

    Description

    Located on the main retail parade on Stroud Green Road, close to Crouch Hill and Finsbury Park stations, this mixed use, freehold investment offers an established ground floor restaurant with 3 flats above. Current income is £91,900pa with an outstanding rent review.

    Ground floor restaurant trading as Viet Ngon, with a passing rent of £42,500pa comprises large restaurant/trading area, private events space, large kitchen/preparation area, storage and toilet facilities. the 1st and 2nd floors each provide large 1-beroom flats and the 3rd floor offers a large studio flat. All properties are let on AST's with compliant communal areas. Further details and viewings by request.

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