Low-entry London investment with private parking and garden access.
Long-term tenant in situ, producing £10,800 gross annually
This studio flat on Willoughby Lane offers a straightforward buy-to-let opportunity in N17, currently producing £10,800 gross per year from a long-term tenant. The property includes private off-street parking and access to a shared rear garden, providing practical rental appeal in a well-connected north London location.
The flat is leasehold with 88 years remaining, which is an important consideration for mortgage and resale prospects. The building is period in character and the exterior would benefit from some repairs and cosmetic updating; internal condition details are limited and a viewing or survey is recommended for a full assessment.
Investor buyers will value the established rental income and the tenant’s stated intention to remain. The area profile supports steady rental demand from young families and students, but note local indicators: high crime levels and very high area deprivation, which could affect tenant mix, management requirements and long-term capital growth.
This lot suits buy-to-let investors or developers comfortable managing tenancy and refurbishment projects. Full investment figures and tenancy documentation are available in the Let Property Pack; purchasers should also allow for a buyer’s premium to secure the sale.
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