20 Mowlem Street, London, E2 9HE
- SIZE AVAILABLE
11,256 sq ft
1,046 sq m
- SECTOR
Land for sale
- USE CLASSUse class orders: C3 Dwelling Houses
C3
Key features
- Rental Income £418,440 pa
- Strong yield potential
- Scope for refurbishment
- 18 apartments
- Attractive communal garden
- Secure cycle store
Description
The ground-floor units have been converted from commercial use to create five attractive residential studios, whilst the upper floors comprise 13 modern one, two and three bedroom apartments. The property is fully let providing a consistent income stream and historically the property has experienced minimal voids.
The building is located in the heart of East London in an area with strong rental demand, close to the Regent's Canal, Victoria Park and London Fields. Cambridge Heath Overground station is a 3-4 minute walk (0.2 miles), and Bethnal Green tube is a mere half a mile away. The area has seen significant change in recent years and is now a popular residential hub, especially with young professionals, with easy access to a wide range of local amenities, including shops, cafes, markets, and green spaces. The ongoing development of nearby 555-unit Regent's View is expected to attract further interest and boost capital values in the area.
Tenancy schedule upon request.
EPC's are available for every flat upon request.
20 Mowlem Street, London, E2 9HE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cambridge Heath Station0.1 miles
- Bethnal Green (Underground) Station0.5 miles
- London Fields Station0.5 miles
Notes
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