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3 bedroom terraced house for sale
Green Lanes, Newington Green, London, N16
£925,000
Green Lanes, Newington Green, London, N16
£925,000
Price History
Initial price | £990,000 |
20/07/25 | £925,000 |
Price Change | -6.57% |
Description
This three-storey freehold property on Green Lanes in Newington Green, N16, offers a unique investment opportunity. The building comprises a large commercial unit on the ground floor, currently used for hospitality, and two residential apartments above, generating a total annual rental income of approximately £57,300. The property is situated in a vibrant Zone 2 location, close to amenities and transport links, and has potential for development, subject to planning permission. The commercial unit has a current annual rent of £16,500 and could be changed or redeveloped, while the two residential apartments are let at £22,800 and £18,000 per annum, respectively. The property offers full control over the asset and potential to increase value and rental returns through refurbishment or extension.