Stoke Newington Road, Stoke Newington, London, N16
- PROPERTY TYPE
Retail Property (high street)
- BEDROOMS
7
- SIZE
Ask agent
Key features
- Mixed Commercial And Residential
- Commercial Unit Generating £17,000 P/A
- Residential Units Generating £56,400 P/A
- Excellent Location
Description
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 9 years currently and the shop attains an annual rent of £17,000. It is currenly leased by Aylish Alexander Solicitors.
The upper levels benefit from their own entrance and are arranged as a house in multiple occupation (HMO) comprised of 7 bedsits. These units are currently returning the owner £54,600 per annum. However, at current market rate, each bedsit would attain £800 per month now acheiving £67,200 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
About the agent
Rooted, Covering East London
90 Wallis Road Hackney London E9 5LN
Hello. We're Rooted. A family business with big plans for your next move. We've redesigned the business of selling and renting homes from the ground up. The Rooted name might be new to the area, but we're not. Our team has twenty years worth of experience in East London. We don't tie you into long contracts and we don't charge big commissions. Our long history in the area means we have the kind of network that allows us to be generous. For more information please contact us at hello@rootedhom
Industry affiliations
Notes
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