This property presents a unique opportunity for those looking to invest in a versatile freehold asset. It features a substantial commercial space exceeding 700 square feet, currently occupied by a barber shop, alongside two residential units: a duplex one-bedroom flat at the rear of the commercial unit and an additional two-bedroom flat situated above it.
Located in a secondary shopping parade near the junction with Fallowcourt Avenue and close to Tally Ho Corner, this site benefits from its presence in an area known for vibrant local businesses. The demand for both commercial and residential spaces in East Finchley is robust, making this property an attractive proposition for investors.
Both residential flats are currently rented out under Assured Shorthold Tenancy Agreements, ensuring immediate rental income while also providing significant potential for future renovations or redevelopment. The neighborhood's appeal is enhanced by its proximity to Hampstead and Central London, making it especially attractive to quality tenants.
With appropriate planning permissions, there is considerable scope to enhance the property’s value through renovation or expansion. This opportunity not only promises rental yield but also long-term capital appreciation given the area's consistent demand for housing and commercial services.
