We are excited to present a lucrative residential investment opportunity in a high-demand area of North London, conveniently located just an 8-minute walk from Holloway Road Station (Piccadilly Line). This property features:7 Self-Contained Apartments:1 x Studio5 x One Beds1 x Two BedTotal Area:Gross Internal Area (GIA): 2,508 Sq FtNet Internal Area (NIA): 2,096 Sq FtKey Financial Highlights:Fully Let Property:Current annual income: £109,320Rent Enhancement Potential:Income based on Local Housing Allowance (LHA) rates: £124,862.40 per annumLong Leasehold:999 years from 2013 with a peppercorn ground rentInvestment Price:£1.5m plus fees (subject to contract)Attractive Yields:Gross yield of 7.8% based on existing incomeGross yield of 9% based on LHA ratesWhy Invest in This Property?Strategic Location:The proximity to Holloway Road Station makes this property an appealing choice for renters, ensuring a steady demand from professionals and students seeking easy access to Central London.Diverse Tenant Base:With a mix of studio, one-bedroom, and two-bedroom apartments, the property attracts a diverse range of tenants, enhancing rental demand and minimizing vacancy risks.Strong Rental Income:The current passing rent provides a solid income stream. Furthermore, the potential to uplift rents based on LHA rates further enhances the attractiveness of this investment.Low Management Overheads:The property is self-contained, conducive to lower management and operational costs, driving higher net returns.Future Capital Growth:North London is experiencing ongoing development and regeneration, suggesting promising capital appreciation in the years ahead.Call to ActionThis investment opportunity is not merely about acquiring property; it’s about securing a robust income stream and positioning yourself for future growth in one of London’s vibrant areas. Act Now!Don’t miss the chance to own this exceptional asset that promises not only solid returns but also long-term financial growth. For more information or to schedule a viewing, please contact us today!