2 Market Place, East Finchley, London, N2 8BB

Lot 19 · N2 8BB · Auction House London · London

£1,000,000guide price
5.4%gross yield
Mixed-Use5.4% gross yield
2 Market Place, East Finchley, London, N2 8BB
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About this lot

A Semi Detached Building Arranged to Provide Five Flats (3 x Studio Flats, 1 x One Bedroom and 1 x Two Bedroom) Part Let Producing £54,000 Per Annum; Freehold

2 Market PlaceEast Finchley, London, N2 8BBSold prior to auction, for an undisclosed amount AllA Semi Detached Building Arranged to Provide Five Flats (3 x Studio Flats, 1 x One Bedroom and 1 x Two Bedroom) Part Let Producing £54,000 Per AnnumDescriptionThe property comprises a semi detached building arranged to provide five flats (3 x studio flats, 1 x one bedroom and 1 x two bedroom).TenureFreeholdLocationThe property is situated on a residential road close to local shops and amenities. The open spaces of Cherry Tree Wood are within easy reach. Transport links are provided by East Finchley underground station (Northern line) and Alexandra Palace rail station.AccommodationGround FloorTwo Flats - Not inspectedFirst FloorTwo Flats - Not inspected Second FloorOne Flat - Not inspectedExteriorThe property benefits from a communal garden and off street parking.Accommodation & Tenancy Schedule Property Floor Accommodation Tenancy Details Current Rent Flat 1 Ground Studio Room Periodic tenancy for a term of 1 year commencing 11th June 2025 (Holding Over) £13,800 per annum Flat 2 Ground Recpetion Room, Kithchen, Bedroom, Bathroom Vacant N/A Flat 3 First Studio Room Periodic tenancy for a term of 1 year commencing 4th September 2025 £17,400 per annum Flat 4 First Studio Room Vacant Edit Flat 5 Second Recpetion Room, Kithchen, Two Bedrooms, Bathroom Periodic tenancy for a term of 1 year…

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Key facts

19Lot number
Mixed-UseUse class
FreeholdTenure
£54K/yrPassing income
11 June 2026Auction date

Planning activity nearby

832 planning applications on record within 250m of this lot, including on the same street. Recent local decisions are a fast read on what the council will and won't permit here.

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