Summary - 629 SEVEN SISTERS ROAD LONDON N15 5LE
1 bed 1 bath Commercial Property
Ready-income building with refurbishment potential on a busy transport-linked high street.
- Freehold mixed‑use building with immediate rental income
A rare freehold mixed‑use building on Seven Sisters Road offering immediate rental income and redevelopment potential. The property comprises a ground‑floor commercial unit and two self‑contained residential units, producing approximately £49,600 per year in current rents. Chain free sale and freehold tenure make this straightforward for investors or owner‑occupiers seeking an income stream.
The commercial unit is an established dry cleaners contributing c. £10,000 pa; the upper maisonette (3 bedrooms) yields about £24,600 pa and the rear 1‑bed unit about £15,000 pa. The building sits on a busy high‑street with good transport links and strong footfall, supporting short‑term retail demand and long‑term residential lettings in a densely populated area.
Buyers should note the setting: a compact plot with limited private outdoor space, a traditional Victorian brick façade with shopfronts, and interiors that appear to need updating to maximise rental value. The surrounding area is classed as very deprived with very high crime statistics, which will affect tenant mix, rental levels and risk profile.
This is best suited to investors or experienced landlords comfortable managing multiple tenancies in an inner‑city, high‑footfall location. The building offers scope to increase returns through refurbishment, lease reconfiguration or active asset management, but requires hands‑on oversight and a realistic allowance for capital and management costs.
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