Allen Road, N16

Element Properties & Co are proud to present this rare and substantial freehold building converted into three separate self-contained apartments located in Zone 2. The building consists of 2 x 1 bedroom apartments and 1 x 2 bedroom duplex apartment spanning over 4 floors in the region of 1,500 sq ft.

The property has been converted with planning in the 1980’s and has been recently refurbished. The existing rental income of the property is £54,120 pa reflecting a gross yield of just under 5%, which is higher than the London Average.

Allen Road is located on a highly sought after residential road, in the leafy Stoke Newington. Local amenities include artisan restaurants and coffee bars, over 50 acres of green spaces in Clissold Park, and is within close vicinity to Canonbury, Stoke Newington and Finsbury Park stations.