Summary - 74 LOPEN ROAD LONDON N18 1PX
3 bed 1 bath House
Tenant-let with reliable rental income and scope for value through refurbishment.
Tenant in situ, rolling contract, net rent £1,515 PCM
A straightforward rental opportunity in N18, offered with tenants in situ and a net rent of £1,515 pcm. The property is a freehold Victorian mid-terrace arranged over multiple levels, providing 927 sqft of living space with a through lounge, fitted kitchen, lean-to and private rear garden. Proximity to Silver Street station and Pymmes Park supports commuter and family demand.
The house has clear scope for value-add refurbishment: solid brick construction (likely uninsulated), double glazing of unknown age, gas central heating, and an EPC rating of E. The description notes roof issues and a need for modernization; these are realistic upgrade items that will improve comfort, energy performance and future rental or sale value.
This is best suited to an investor or landlord comfortable managing a hands-on refurbishment. The tenants are on a rolling contract, so the purchase transfers with occupancy and immediate income. Local amenities, several Good-rated schools nearby and fast broadband support lettability, although the area shows higher deprivation and average crime levels which should be weighed into yield expectations.
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