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Guide price
£1,200,000

3 bedroom house for sale

., London N16
Reduced
House
3 beds
1 bath
Reduced < 7 days

Key information

TenureFreehold
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Features and description

Property on Green Lanes – Strong Investment & Future Potential

Located along the vibrant and highly sought-after Green Lanes, this impressive freehold building offers an excellent opportunity to acquire a mixed-use property with both immediate income and future upside.

The ground floor comprises a well-positioned restaurant/takeaway unit, benefiting from strong footfall and visibility in this busy commercial parade. The unit is currently let, with the lease running until September, providing short-term income while also offering flexibility for a new lease, rental uplift, or alternative plans thereafter (subject to consents).

Above, the property features a spacious and well-proportioned three-bedroom flat, currently vacant, making it ideal for immediate letting or owner occupation. The residential accommodation offers generous living space, good natural light, and strong rental demand in the area, presenting an excellent opportunity to maximise returns.

This freehold asset is well suited to investors seeking a blend of commercial and residential income, as well as owner-occupiers or developers looking to add value over time. With its prime location, mixed-use setup, and vacant possession upstairs, the property offers flexibility, income potential, and long-term growth prospects

Location Highlights:
Situated on Green Lanes (N16 9BX), the property benefits from a vibrant and well-established parade of independent retailers, cafés, restaurants, and local amenities. The area is highly regarded for its strong footfall, diverse community, and continued demand from both commercial and residential occupiers. Excellent transport links are available nearby, with easy access to Harringay, Stoke Newington, and Manor House, providing convenient connections into Central London and beyond.

Key Features:

Mixed-use freehold investment

Ground-floor commercial unit

Current income: £22,000 per annum

Reversionary potential up to £30,000 per annum

Tenant due to lease renewal

Vacant three-bedroom flat above

Prime Green Lanes location

Strong rental and capital growth prospects

Guide Price: £1,200,000
Buyers’ fees apply

Early viewing is highly recommended to appreciate the full potential of this versatile investment.

About this agent

Hills Estate - Ilford
Hills Estate - Ilford
Brook House 209-211 Cranbrook Road Ilford, Essex IG1 4TD
020 7768 7863
Full profileProperty listings
Established in 2003, Hills Estate is an independent property and letting agency in the heart of Ilford. With over a decade of experience, we take great pride in our local knowledge and offer a high level of customer service with a personal touch. Why Hills Estate? We are specialists in residential lettings, sales and property management, with a strong client base in both private and professional tenancies. Our expertise do not stop there. We have a wide-ranging portfolio of commercial and investment properties to offer every type of client. From rent to let and search to sale, let Hills Estate take care of your entire property journey for you.
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