Two flats with £39k pa income and modernisation upside near Turnpike Lane.
Freehold investment arranged as two self-contained flats
A freehold, mid-terraced period property arranged as two self-contained flats, currently producing c. £39,000 pa. The layout comprises a ground-floor 2-bedroom flat with small rear garden, and a 3-bedroom maisonette over the first and second floors. Both flats have EPC rating D and Council Tax Band C.
This is a hands-on investment with clear upside: stable rental income, conversion potential back to a single-family home, or uplift through internal modernisation and redecoration. The property sits close to Turnpike Lane (Piccadilly Line) and local amenities on Green Lanes, making it attractive to young families and professional tenants.
Condition is functional but dated in places. Interiors need updating — kitchens and bathrooms are basic and some rooms require modern finishes. Services are mains gas, central heating via boiler and radiators, and double glazing (install date unknown). On-street permit parking only; garden is small-to-average.
Location notes: inner-city, mixed young families and students, good nearby primary and secondary schools, fast broadband, average mobile signal, and higher local crime levels. This suits investors or buyers prepared to modernise for rental growth or resale.
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