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Millers Terrace, London, E8

£1,750,000
Element Properties & Co, London
PROPERTY TYPE

Plot

BEDROOMS

5

BATHROOMS

5

SIZE

2,282 sq ft

212 sq m

Key features

  • INVESTMENT FREEHOLD BLOCK
  • STRONG YIELD
  • 5 X 1 BEDROOM APARTMENTS
  • GREAT LOCATION
  • CLOSE TO AMENITIES & TRANSPORT

Description

Element Properties & Co. are proud to present this INVESTMENT OPPORTUNITY; comprising of a freehold block consisting of 5 x 1 bedroom apartments, finished to a very high standard.

Boasting a total of 214 SQM of internal apartment space (excluding communal areas), the conversion has two apartments on the ground and again on the first floor, with a penthouse on the second floor.
The apartments are all finished to the same high standard and offer kitchen/reception areas alongside a spacious bedroom – to note, some of the units also have the added benefit of outside space.

The current rent roll is £116,100 per annum presenting a strong yield for the area.
There is also scope for the rents to increase as the most recent apartment rented for £2050 per calendar month in Jan 2025.
A full rent roll and expected rate can be sent across upon request.

Footprint:
Flat 4 - 38 SQM
Flat 5 - 41 SQM
Flat 8 - 38 SQM
Flat 9 - 47 SQM
Flat 12 - 48 SQM

Situated in a tucked away mews in the very heart of Dalston – this block of apartments is located only 0.3 miles away from Dalston Kingsland (Overground Line) offering fantastic links to Highbury & Islington (Victoria Line), Liverpool Street (Various Lines) and to Stratford (Various Lines).
Connections throughout East & Central London are within easy reach and the development is ideally located in the bustle of Hackney being in close proximity to a variety of shops, cafes, restaurants, bars on Kingsland Road, Stoke Newington Church Street and the general Hackney area.

The site is offered as a freehold block with the tenants currently in situ.
Further details can be provided upon application.

Energy Performance Certificates

EPC Rating Graph

Millers Terrace, London, E8

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 Station0.6 miles
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About Element Properties & Co, London

Palace Gates Road, London, N22 7BN
Welcome to Element Properties & Co.

We are a multi-award winning, family-run business with over 40 years of experience in the London property market.

We believe in simplifying your property experience.

By blending modern solutions with a personal touch, we aim to empower our clients to make confident and informed decisions.

Our mission is to create meaningful and long term partnerships with our clients, offering honest guidance and exceptional service at every step of the journey.

Notes

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Disclaimer - Property reference ALP250004. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Element Properties & Co, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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