Summary - 306 HIGH ROAD WOOD GREEN LONDON N22 8JR
5 bed 1 bath Mixed Use
Freehold investment with refurbishment upside near Bound Green station.
- Freehold mixed-use: ground-floor E-Class and five residential units above
- Current income £83,920 pa; potential ~£89,000 with rent review and updating
- Total area 1,967 sq ft across a traditional Victorian building
- Commercial tenancy expires 2027; rent review opportunity
- Property needs renovation; capital works likely to increase rents
- Only one bathroom recorded across the building — notable constraint
- Garage/industrial unit included; useful income or operator space
- Inner-city location: above-average crime and local area deprivation
This freehold mixed-use building on High Road, Wood Green combines ground-floor E-Class commercial space with five separately leased residential units above, totalling 1,967 sq ft. The property currently produces £83,920 pa (8.4% yield) from established tenants, with a clear near-term opportunity to increase income to around £89,000 through an upcoming commercial rent review and residential updating.
The upper-floor flats are practical, traditional layouts in a Victorian building and would respond well to refurbishment to boost rents and capital value. The block benefits from a garage/industrial unit on site and good digital connectivity (fast broadband and excellent mobile signal), useful for both operators and residents.
Buyers should be aware the building needs renovation and the residential accommodation is modestly specified — there is only one bathroom recorded across the property — so capital works are likely. The commercial tenancy runs to 2027, offering short-term security but also a scheduled opportunity to renegotiate terms. The area is inner-city cosmopolitan with higher-than-average crime and local deprivation indicators, which will influence tenant profiles and management requirements.
Overall this is an investor-focused opportunity for someone who can manage and upgrade a multi-tenanted freehold in a major conurbation. The combination of a freehold title, scope to increase rent, and proximity (0.7 miles) to Bound Green underground makes it a practical acquisition for portfolio growth, provided buyers budget for refurbishment and active asset management.
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