Price changed to £1,100,000
July 6, 2025
Price changed to £1,000,000
May 31, 2025
Listed for £1,200,000
April 6, 2025
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OUTSIDE
Set back behind a paved front garden with a low wall, the house has a decorative stone-effect façade which complements the neighboring brick and render properties. The 40ft rear courtyard garden is completely paved, facilitating year-round use.
GENERAL
The property has been finished to a high standard, with mainly white and neutral décor, grey carpet on the stairs and wood laminate flooring elsewhere. The kitchen and bathroom fixtures and fittings are stylish and contemporary. The windows are double glazed and fitted with white venetian blinds, and the property has gas central heating throughout with a Megaflo boiler, high speed internet, and CCTV.
The property has a 99% occupancy record, and all six bedsits are tenanted with ASTs and HMO licences in place. The rents include water, gas and electricity which are paid by the landlord. The current gross rental income is £99,600 pa. Based on the asking price of £1.2m this represents a yield of 8.02% after utility bills.
LOCAL LIFE
Transport connections are excellent, with Turnpike Lane tube station 0.4m away and Wood Green tube station 0.8 miles away. Both are on the Piccadilly Line.
The property is close to a wide selection of shops and services in the town centre of Wood Green, with shopping parade 0.3 miles away and The Mall Wood Green 0.8 miles away.
Belmont Recreation Ground is a mere one minute walk away and the property is also close to Downhills Park and Lordship Recreation Ground.