Summary - 9, WADES HILL N21 1BD
2 bed 2 bath Retail Property (high street)
**Standout Features:**
- Freehold building with retail shop and spacious 2-bedroom flat.
- Retail unit currently leased for 8 years, generating an annual rent of £15,000.
- Residential flat rented at £1,920 per month, offering an attractive yield.
- Potential for loft conversion, providing scope for future expansion (subject to planning).
- Located on the vibrant Winchmore Hill Green in a well-regarded, affluent area.
This unique freehold property is situated in the thriving community of Winchmore Hill Green, offering both a commercial and residential opportunity. The ground-floor retail unit, leased for 8 years, ensures steady rental income, while the upper 2-bedroom flat boasts modern living spaces, including two bathrooms, a large reception room, and a contemporary kitchen.
Families and investors alike will appreciate the potential for loft conversion to create additional living space, enhancing the property’s future value. The neighborhood features excellent local amenities, a range of schools with good to outstanding Ofsted ratings, and a secure environment with very low crime rates.
At a competitive price of £725,000, this property not only provides immediate returns but also offers flexibility for renovations and personal touch. Don’t miss out on this exceptional investment opportunity—properties like this in such a desirable location rarely stay on the market for long!
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