GROSS RENT / YIELD
£34,000 / 4.7%
NET RENT / YIELD
£27,014 / 3.8%
Share of Freehold
1 reception room
Prices in N1 have increased 27% over the last 5 years (+2% over the last 12 months) and are £684k which varies by property type (£441k for a 1-bed flat to £2.83m for a 5-bed detached property.
On average, there have been 75 properties sold per month in the area in the last 12 months.
In comparison, prices in the wider North London N postcode area are £515k (0% over the last 12 months) and range between £373k for a 1-bed flat to £1.69m for a 5-bed detached property.
Rents in N1 are now at £2,160 per month (-6% over the last 12 month).
On average, there have been 307 properties listed for rent per month in the area in the last 12 months.
Given prices in the area, gross yield is currently 3.8% which is lower than the national average of 4.7% and in line with the wider North London N postcode area of 3.8%.
This property is currently achieving a gross yield of 4.7% which 19% above the N1 area.
Source: REalyse - 16/04/2019
£34,000 p.a. / £2,833 pcm
TENANCY AGREEMENT STARTED
8 months ago
TENANCY AGREEMENT ENDS
Documents available on request, please contact for viewings or further questions.
The information relating to the property is supplied by the vendor and the latest available at the date of listing.
Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.
GROSS RENT PER ANNUM
GROSS RENTAL YIELD
NET RENT PER ANNUM
NET RENTAL YIELD
FULLY MANAGED OPERATING COSTS
Click to understand assumptions.
Profit & Growth
ANNUAL (PRE-TAX) PROFIT
Click to understand assumptions.
HPI GROWTH (PREV 5 YRS)
This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.
Canonbury is a residential district in the London Borough of Islington in the north of London. It is roughly in the area between Essex Road, Upper Street and Cross Street and either side of St Paul’s Road.
London is famous for its fantastic transport routes and the location of this property is no exception. The closest station to this property is Canonbury Station, which provides Overground services to several destinations. From this station there are separate services that run to Stratford, Clapham Junction, Crystal Palace (via Canary Wharf) and Richmond. Fortunately, if one was looking for Underground options, Highbury and Islington Station is a 12-minute walk away from this property, which runs on the Victoria line and is just one stop away from King’s Cross St Pancras. Both stations are in Travelcard Zone 2.
Canonbury is an idyllic and quiet neighbourhood and is renowned for its Georgian and early-Victorian style houses and brownstone flats. It has several greens park spaces and is also located close to nearby Highbury Fields. For more lively activities Upper Street is only a 15-minute walk away, where you can find a great range of restaurants and cafes, designer shops, pubs, bars, clubs and theatres.
Canonbury Park North,
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