This property is no longer on the market
9 bedroom end of terrace house
Key information
Property description & features
- Tenure: Freehold
- Freehold Investment
- Eight bedroom HMO over first and second floors
- Lower ground and ground floor retail unit (sold on long lease 999 years from 26th Nov 2014)
- Approximately 265 square metres (2,847 sq ft) GIA
- Lapsed planning permission to provide additional accommodation (6 additional bedrooms - total of 15)
- Total current expected rent £83,150 (two rooms currently vacant) - potential to improve ERV with additional uplift in income via development
The building is arranged over lower ground, ground and two upper floors. The building is internally arranged to provide a retail unit over lower ground and ground floors (sold off on long lease providing peppercorn ground rent) and an eight/nine bedroom HMO with reception room, two kitchens, three shower rooms and two WCs over the first and second floors.
The property previously benefitted from planning permissions 1. Application No P.2019/0973/FUL – Dated 3rd of June 2019
2. Application No P.2019/2274/FUL – Dated 6th of November 2019 for ‘erection of roof extension and infill extension to first floor to provide additional accommodation in association with existing house in multiple occupation’. Both have now lapsed.
The property is located at the junction of Holloway Road (A1) and Seven Sisters Road (A503), in the heart of Holloway. A wide selection of shops, including Marks & Spencer and Waitrose, is readily available together with a good range of independent shops and restaurants. Holloway Road Underground Station (Piccadilly Line) is close by together with London Metropolitan University, City and Islington College and the Emirates Stadium. The open spaces of Highbury Fields and Finsbury Park are within reach.
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