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2 Queens Parade Green Lanes 625 SF 100% Leased Office Building London N8 0RD $1,674,257 ($2,678.81/SF) 6.70% Cap Rate
Investment Highlights
- Good access to public transport (Turnpike Lane Underground station)
- Strong rental demand
- Situated in thriving residential neighbourhood
Executive Summary
2 Queens Parade, Green Lanes, Harringay, London, N8 0RD – Price £1,250.000 – Freehold
Prime Mixed-Use Investment Opportunity – Green Lanes, Harringay
An excellent opportunity to acquire a substantial mixed-use freehold investment prominently positioned along the ever-popular Green Lanes in the heart of Harringay. This well-located property comprises a ground floor commercial shop and six self-contained studio apartments above, producing a strong combined annual income of £83,700 per annum.
Prime Mixed-Use Investment Opportunity – Green Lanes, Harringay
An excellent opportunity to acquire a substantial mixed-use freehold investment prominently positioned along the ever-popular Green Lanes in the heart of Harringay. This well-located property comprises a ground floor commercial shop and six self-contained studio apartments above, producing a strong combined annual income of £83,700 per annum.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office/Residential
Building Size
625 SF
Building Class
B
Year Built
1930
Price
$1,674,257
Price Per SF
$2,678.81
Cap Rate
6.70%
NOI
$112,108
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
625 SF
Building FAR
0.48
Lot Size
0.03 AC
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2 Queens Parade | Green Lanes
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