Blackstock Road, London
7 bedroom terraced house for sale
 
£1,400,000
 
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    Freehold terraced house on Blackstock Road, N4, converted into four flats (3-bed, 2-bed, 1-bed and studio). Moments from Finsbury Park and Arsenal stations, with a gross rental income of approx. £101,640 p.a. when fully let. A rare investment opportunity.

    We are pleased to offer for sale the entire freehold of 69 Blackstock Road, a terraced house in the heart of Finsbury Park that has been converted into four flats. The building offers a well-balanced mix of accommodation: a three-bedroom flat, a two-bedroom flat, a one-bedroom flat and a studio. That mix appeals to a broad range of tenants, from sharers and young families to single professionals, and helps keep voids low.

    The flats are presented to a good standard, with modern fitted kitchens and wood-effect flooring. When fully let, the building generates a gross rental income of approximately £8,470 per calendar month (£101,640 per annum), broken down as follows:

    Flat Accommodation Rent (pcm)
    Flat A 3 bedrooms £3,200
    Flat B 2 bedrooms £2,050
    Flat C 1 bedroom £1,750
    Flat D Studio £1,470
    Total - £8,470 £101,640 p.a.

    Blackstock Road is a lively, well-established street running between Finsbury Park and Highbury, lined with independent cafés, restaurants and local shops. Finsbury Park station is within easy walking distance and serves the Victoria and Piccadilly lines plus National Rail services. That gives fast links to the West End, King’s Cross St Pancras and the City. Arsenal Underground station is also close by. The open green space of Finsbury Park is on the doorstep, and Highbury, Stoke Newington and Upper Street, Islington are all nearby. Strong transport links and steady demand from professionals and students make this one of North London’s most consistently popular rental areas.

    This is an excellent opportunity for investors to buy a multi-unit freehold with an established income stream in a high-demand location. It also offers longer-term potential for asset management or a break-up strategy, subject to the necessary consents.

    Tenure: Freehold. EPC ratings: B/C. Viewings are strictly by appointment.

    Tenure: Freehold


     


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.