The property is end terrace and of traditional brick construction, with a pitched and tiled roof and accommodation arranged over two floors. To the ground floor the accommodation comprises; entrance hall, WC, spacious living room, kitchen/diner and an extension which has been previously utilised as a storage area.
To the first floor there are three well-proportioned bedrooms, a family bathroom and separate WC. The property would benefit from a full programme of refurbishment and modernisation throughout.
To the rear of the property there is a small hard surfaced garden, with a wooden fence to the perimeter. The garden is accessed from the single storey extension via the kitchen. There is on street parking available outside the property on Miles Road.
The property is situated on the northern side of Miles Road, occupying an end terrace position. Miles Road adjoins Myddleton Road, which runs south towards Hornsey High Street. The immediate area is characterised mainly by residential property. There are a wealth of amenities and facilities available locally making this a popular choice for residents commuting into the city.
Located in north London, the property is within the district of Hornsey, south west of Wood Green, approximately 6 miles from central London. Hornsey is in the London Borough of Haringey. Alexandra Park is located immediately to the north of the property, less than a 5 minute walk from Miles Road.
The nearest train stations to the property are Hornsey to the south and Alexandra Palace to the north, both approximately ½ mile away. Wood Green Tube station on the Piccadilly Line is one mile to the north east of Miles Road, providing direct access into central London within 30 minutes.
Following a programme of refurbishment we estimate the property will let for approximately £2,000 pcm (£24,000 pa), allowing £30,000 for refurbishment costs this would provide a gross yield of 5%.
A refurbishment will also provide the opportunity to add capital value to the home.
94.02 Sq. M (1,012 Sq. Ft)
Approx. gross internal floor area
We understand the property to have mains gas, electricity, water and drainage.
The property is freehold.
The property is rated in Council Tax Band D. Council Tax payable (2016/17) is approximately £1,524.27.
Please contact a member of the property team on 0115 9706060.