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
Notes
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