Summary - 7a Havergal Villas, Green Lane N15 3DY
11 bed 9 bath Block of Apartments
Chain-free Victorian freehold near Turnpike Lane Underground, strong rent roll.
Nine self-contained units producing £119,580 pa from periodic tenancies
An 11-bedroom block arranged as nine self-contained units on a freehold Victorian semi in Green Lanes, N15. The building generates a current annual income of £119,580 from periodic tenancies and is offered chain free — a straightforward purchase for an investor seeking immediate rent roll and hands-on asset management.
The property sits within 200 metres of Turnpike Lane Underground and close to Wood Green High Street, putting shops, transport and local amenities within easy walking distance. The houses retain Victorian character with high ceilings and large rooms, which support strong lettability to young families and students in this inner-city area.
Buyers should note clear retrofit and management priorities: the block uses electric room heaters (no central heating), has solid brick walls likely without cavity insulation, and glazing dates are unknown. The area records higher crime and is classified as deprived, and broadband speeds are average — factors that can affect tenant demand and future upgrade costs. These issues also present value-add opportunities through energy improvements, refit works and targeted tenant screening to increase net income and asset value.
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