Sold, 0 sqft  Garage 

Newton Avenue, London

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Features

  • Auction Date: 21st – 22nd November 2018
  • Guide Price: £25,000+
  • Detached double garage
  • Sold with vacant possession
  • Potential to let at £150 pcm (£1,800 per annum)
  • Sliding garage door
  • Popular residential location
  • Ideal for additional storage
  • Approx. 396 ft2
  • Freehold

Address

Garage to the rear of, 142 Newton AvenueLondonN10 2NB
Details
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Property Details

•For Sale By Online Auction: 21st – 22nd November 2018
•Guide Price: £25,000+
•Double detached garage
•Sold with vacant possession
•Potential income of £1,800 per annum
•Freehold

This sale includes a brick built, double garage with a sliding door and metal sheet roof. There appears to have been structural movement to the rear wall of the garage, which is shown by some cracking in the brickwork.

The freehold garage provides additional storage space to potential purchasers.

The garage is located on Newton Avenue, also to the rear of 142, Pembroke Road in London.
Nearby amenities include Tesco Express, Rhodes Avenue Primary School and a range of other facilities within the area.

The property is situated approximately 7.3 miles north of London, with access via the A400. The property also benefits close access to the motorway and railway station, providing easy access across the country.

Accommodation

Approx. 396 ft2
(Please note we have not inspected the property).

Tenure

Freehold

Guide Price

£25,000+

Buyers Premium

£3,000 inc. VAT

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Investment Analysis

The garage is to be sold with vacant possession, however, could let at £150 pcm (£1,800 per annum), reflecting a potential gross yield of 7.2%, based on the guide price.

Location Map

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