Harrington Hill, Clapton, London, E5
- PROPERTY TYPE
Apartment
- BEDROOMS
5
- BATHROOMS
3
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Goldmove Properties are delighted to present this rare freehold investment opportunity situated on Harrington Hill, E5, in the heart of Hackney.
The building comprises three self-contained residential flats arranged over multiple levels, consisting of two spacious two-bedroom apartments and one one-bedroom apartment. The property is currently fully let and producing a combined rental income of approximately £58,200 per annum, with the current rents considered below prevailing market levels, offering investors immediate scope for future rental growth and enhanced returns.
The accommodation is presented in fair to moderate condition throughout and has been successfully let for a number of years. The property would suit both experienced investors seeking a long-term income-producing asset and those looking for an opportunity to add value through refurbishment and rental optimisation over time.
Located within a highly sought-after pocket of Hackney, the property benefits from excellent transport links, local amenities, green spaces and strong tenant demand, making it an attractive addition to any investment portfolio.
Investment Highlights:
Freehold block comprising three self-contained flats
Two x two-bedroom apartments
One x one-bedroom apartment
Fully tenanted producing approximately £58,200 per annum
Current rents considered below market levels
Potential for future rental growth and yield improvement
Well-positioned within a popular East London location
Excellent transport links and local amenities nearby
Ideal buy-to-let investment opportunity
Guide Price: £1,300,000
Current Income Schedule
Flat 1 (2 Bed): £1,850 pcm
Flat 2 (2 Bed): £1,750 pcm
Flat 3 (1 Bed): £1,250 pcm
Total: £4,850 pcm (£58,200 pa)
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Harrington Hill, Clapton, London, E5
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Visit our security centre to find out moreDisclaimer - Property reference GLD260024. 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 Goldmove Properties, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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