Property Summary
MIXED USE INVESTMENT OPPORTUNITY
Set within the heart of Stoke Newington this grand Victorian Freehold property is set over three levels and is comprised of both commercial and residential units.
Having a gross internal floor area of approximately 2700 sq. ft, the property is an exceptional investment opportunity.
The ground floor is comprised of a self-contained shop unit with a full-sized basement below.
There is an FRI lease with a remaining 8 years currently and the shop currently attains an annual rent of £17,000. It is currently leased by Digiturk UK
The upper levels benefit from their own entrance and are arranged as a house in multiple occupation (HMO) comprised of 8 bedsits. These units are currently returning £62,400 per annum. However, at current market rate, each bedsit would attain £800 per month now acheiving £76,800 per annum.
Set within the heart of Stoke Newington this grand Victorian Freehold property is set over three levels and is comprised of both commercial and residential units.
Having a gross internal floor area of approximately 2700 sq. ft, the property is an exceptional investment opportunity.
The ground floor is comprised of a self-contained shop unit with a full-sized basement below.
There is an FRI lease with a remaining 8 years currently and the shop currently attains an annual rent of £17,000. It is currently leased by Digiturk UK
The upper levels benefit from their own entrance and are arranged as a house in multiple occupation (HMO) comprised of 8 bedsits. These units are currently returning £62,400 per annum. However, at current market rate, each bedsit would attain £800 per month now acheiving £76,800 per annum.
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Floorplans