Flat 3, 130 Junction Road

Pure Investor are pleased to present this superb modern one bedroom apartment, set within a short walk of Tufnell Park and Archway tube stations. This exceptionally well-presented property has a south-west facing disposition and boasts double aspect windows affording a great deal of natural light into the spacious open plan kitchen living area. Floor to ceiling glass doors open onto the private balcony, which has a charming outlook and modern glass balustrade. The kitchen provides an impressive addition to the living space with granite surfaces, high gloss units, and a large breakfast bar with plenty of workspace for budding chefs. It is fully equipped with built-in modern appliances. Brand new oak engineered wood flooring has been recently installed throughout.
It is set within a purpose-built development of six flats and lies on the first floor. The building itself is well-maintained and has secure intercom entry systems, modern ventilation system, as well as solar panels to support the heating systems to all apartments. Externally there are well-stocked and maintained patio gardens as well as a secure bike storage area.
Situated perfectly within walking distance of Tufnell Park (Northern Line) and Archway stations (Northern Line), there is a lovely mix of local amenities, restaurants, cafes and bars to choose from. The property is also within walking distance of Highgate and Parliament Hill, offering a picturesque vast open parkland for picnicking, sports and enjoying spectacular views across the city. The buzz of Camden Town is also just a walk away.

INVESTMENT INFORMATION

• Full address: Flat 3, 130 Junction Road, London N19 5LB
• Fixed Price: £460,000.00
• Tenure: Leasehold (140 years remaining)
• Current rental income: New tenant has been found and they are in the referencing stage. Agreed rental figure of £2,150.00pcm (£25,800.00 per annum). This would be on a 2 year period with a 6 month break clause and will be commencing on the 19/10/24. Deposit is 5 weeks’ worth of rent. Lettings management is Hanley Estates 7%.
• Gross yield: 5.6 %
• Net yield: 5.2%
• Bedrooms: 1
• Bathrooms: 1
• First floor apartment
• Council tax band: D
• EPC: C

Additional Information

• Freshly renovated
• New engineered oak wood flooring
• Granite work surfaces in kitchen