Stoke Newington Road, Stoke Newington, London, N16
- PROPERTY TYPE
Commercial Property
- BEDROOMS
8
- BATHROOMS
3
- SIZE
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Key features
- Mixed Commercial And Residential
- Commercial Unit Generating £17,000 P/A
- Residential Units Generating £62,400 P/A
- Excellent Location
Description
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.
Stoke Newington Road, Stoke Newington, London, N16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dalston Kingsland Station0.3 miles
- Dalston Junction Station0.4 miles
- Rectory Road Station0.5 miles
Notes
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