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In Q2 2022, we successfully completed the sale of an unbroken parade of 18 retail units with residential upper parts at 1-18 Onslow Parade, Southgate, N14. This property, located in a prime position within an established commercial area in North London. The sale achieved an impressive price of £4.25 million, reflecting a net initial yield (NIY) of 5.45%.

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The parade comprises 18 well-maintained retail units, each benefiting from high footfall and visibility, as well as residential units above. The mixed-use configuration offered a stable income profile with a blend of long-term retail tenants and residential lettings, making it a compelling proposition for investors.

\n

 
The property attracted significant interest from institutional and private investors, culminating in a sale price of £4.25 million. This figure not only demonstrated the strength of the North London property market but also reflected the asset's quality and income-generating potential. The achieved NIY of 5.45% underscored the property's appeal as a robust, low-risk investment opportunity.

\n

 

\n

\n

 

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