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£900,000

Myddleton Road, Bounds Green, London, N22

  • 6 beds
Flat
Under offer/SSTC

£900,000

  • 6 beds
Flat
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Estimate monthly mortgage payment:

£4,109 per month

Minimum deposit amount:

£45,000
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RENTAL YIELD OF 7.7%! Introducing a fantastic opportunity to own a versatile mixed-use property located on Myddleton Road in the vibrant neighbourhood of Bowes Park. This property has 7 ASTs - 1 x 1 bed garden flat, 1 x studio flat with patio, 5 separately rented rooms upstairs, with an HMO licence, plus 1 shop, making it an ideal investment .
Shop - Ground Floor: The ground floor of this property features a shop of 28 sqm, providing an excellent space for a retail business or a professional office setup. Boasting ample natural light, a well-appointed kitchen and a convenient W/C are included.
Flat A - Ground Floor Garden Flat: Situated on the ground floor is a separate 1 bedroom garden flat, spanning 34 sqm & offering a tranquil retreat from the bustling city. This self-contained unit comprises a well-appointed bedroom, a fully equipped kitchen and a bathroom. The garden area is a low maintenance space & allows residents to enjoy outdoor living.
Flat C - Ground Floor Studio with patio: Next is a separate ground floor studio flat offering 20 sqm of accommodation that offers a versatile space for various purposes. This flexible space is designed to adapt to your specific needs. The studio includes a kitchen, shower room & a patio.
Flat B - First & Top Floor: Ascending to the first floor, you'll find a separate duplex flat with 5 bedrooms, which are individually let with an HMO licence. There is a kitchen, bathroom, shower room and separate W/C, providing convenience & privacy for residents.
Location: Situated on Myddleton Road, this property benefits from a highly sought-after location. The area is known for its vibrant community and offers a diverse range of amenities, including local shops, cafes and restaurants. Bowes Park Station is 0.2 miles.

Monthly rental income: ?6,150 (Shop ?700; Flat A ?1,200; Flat B ?3,300 (5 separate rooms); Flat C ?950)
Annual income: ?73,800

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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£32,500
Mortgage and legal costs:
£999
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Property details

£900,000

6 bed flat for sale

Myddleton Road, Bounds Green, London, N22

RENTAL YIELD OF 7.7%! Introducing a fantastic opportunity to own a versatile mixed-use property located on Myddleton Road in the vibrant neighbourhood of Bowes Park. This property has 7 ASTs - 1 x 1 bed garden flat, 1 x studio flat with patio, 5 separately rented rooms upstairs, with an HMO licence, plus 1 shop, making it an ideal investment .
Shop - Ground Floor: The ground floor of this property features a shop of 28 sqm, providing an excellent space for a retail business or a professional office setup. Boasting ample natural light, a well-appointed kitchen and a convenient W/C are included.
Flat A - Ground Floor Garden Flat: Situated on the ground floor is a separate 1 bedroom garden flat, spanning 34 sqm & offering a tranquil retreat from the bustling city. This self-contained unit comprises a well-appointed bedroom, a fully equipped kitchen and a bathroom. The garden area is a low maintenance space & allows residents to enjoy outdoor living.
Flat C - Ground Floor Studio with patio: Next is a separate ground floor studio flat offering 20 sqm of accommodation that offers a versatile space for various purposes. This flexible space is designed to adapt to your specific needs. The studio includes a kitchen, shower room & a patio.
Flat B - First & Top Floor: Ascending to the first floor, you'll find a separate duplex flat with 5 bedrooms, which are individually let with an HMO licence. There is a kitchen, bathroom, shower room and separate W/C, providing convenience & privacy for residents.
Location: Situated on Myddleton Road, this property benefits from a highly sought-after location. The area is known for its vibrant community and offers a diverse range of amenities, including local shops, cafes and restaurants. Bowes Park Station is 0.2 miles.

Monthly rental income: ?6,150 (Shop ?700; Flat A ?1,200; Flat B ?3,300 (5 separate rooms); Flat C ?950)
Annual income: ?73,800