From
£1,170,000
9 bed block of flats for saleHigh Street, High Barnet, Barnet EN5
9 beds
- Auction
Savills - National Auctions
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About this property
Block of 9 studio flats
Forms part of a large building
In need of some modernisation
Investment let at £90,000 per annum
Rental Yield of 7.7% on the Guide Price.
Scope to enhance on rental for each unit
Strapline
Auction Sale - 21/06/2023
A block of 9 studio flats, forming part of a large building, in need of some modernisation, conveniently located for the amenities and transport links of Barnet. Investment let at £90,000 per annum with a Rental Yield of 7.7% on the Guide Price.
Description
A block of 9 studio flats, forming part of a large building.
The studio flats are in need of some modernisation.
Conveniently located for the amenities and transport links of Barnet.
Investment let at £90,000 per annum.
All units are occupied.
Location
Barnet is a very popular suburban market town located between Borehamwood and Enfield about 10 miles north west of central London.
Located on Barnet High Street, opposite the turning for Moxon Street.
The property is conveniently situated for the shops restaurants and cafes of Barnet.
The recreational amenities of King George's Fields, Old Court House Recreation Ground and Monken Hadley Common are closeby.
Barnet Hospital is also easily accessible.
Good road links provide easy access to the M25, A1, A1(M) and M1.
Transport
High Barnet - Northern.
Hadley Wood - National Rail.
Tenancy
Accommodation
First Floor - One Studio.
Second Floor - Three Studio Flats.
Third Floor - Four Studio Flats.
Top Floor- One Studio Flat.