Stoke Newington Road, N16
- PROPERTY TYPE
Land
- SIZE
Ask agent
Key features
- Freehold Portfolio For Sale
- Chain Free
- 17 Flats, 10 Commercial units, basement workshop and 2 storage areas.
- Potential Development (STP)
- Current Yearly Income of £470,000
Description
An exceptional and rarely available opportunity to acquire a substantial freehold mixed-use investment in the highly sought-after area of Stoke Newington, ideally positioned within an established and vibrant commercial location, surrounded by an excellent selection of independent shops, cafés, restaurants and local amenities.
The property comprises an impressive L-shaped block extending along Prince George Road and Stoke Newington Road, offering a substantial and diverse investment portfolio consisting of 17 residential apartments, 10 commercial units and a large basement workshop.
The property currently generates a combined annual rental income of £470,304 but with a potential income £554,000 annually once fully occupied, providing an attractive existing income stream with considerable potential for further growth. The residential accommodation is predominantly let on Assured Periodic Tenancies (APTs), whilst the commercial premises are occupied under commercial lease agreements.
Of particular interest to investors is the opportunity to enhance the existing rental income, with three residential apartments and the substantial basement workshop currently vacant. These vacant areas provide immediate asset management opportunities, allowing an incoming purchaser to undertake reletting and potentially improve the overall rental yield and capital value of the investment.
Furthermore, the site offers exciting longer-term development potential, with scope to explore the construction of additional residential accommodation above parts of the existing building, subject to obtaining the necessary planning permissions and statutory consents. This presents an attractive opportunity for developers and investors seeking to unlock additional value through strategic redevelopment and active asset management.
Combining a substantial existing rental income, a diversified residential and commercial tenant base, immediate opportunities to increase income and significant potential for future development, this is a particularly compelling investment proposition.
A rare opportunity to acquire a prominent freehold mixed-use landmark in Stoke Newington, offering the perfect combination of established income, future rental growth and longer-term development potential.
Spencer James Residential is an independent estate agency established in 2002 specialising in all aspects of residential lettings, sales and property management.
We are serious about the pivotal role we play between our landlords and tenants; buyers and sellers. Our clients are assured in the knowledge that we work under an approved code of practice, due to our memberships with recognised industry bodies including: the Association of Residential Lettings Agents (ARLA); the National Association of Estate Agents (NAEA); and the Property Ombudsman (Sales and Lettings).
Storage/Workshops
Two large storages areas one with access from the main road which could be used to rent out as a workshop or storage area.
Portfolio of Flat
A selection of 17 flats on APT's split over two blocks comprising of
13 x One Bedroom Apartments
3 x Two Bedroom Apartments
1 x Three Bedroom Apartment
Portfolio of Commercial Units
A portfolio of Ten commercial units split over two roads, one basement workshop.
Selling Points
A highly desirable North London neighbourhood
Stoke Newington has an established reputation for its village-like atmosphere, independent retailers, cafés, restaurants and attractive residential streets. It appeals to professionals, families and buyers seeking an alternative to more central London locations.
Close to the vibrant Dalston scene
The property sits within easy reach of Dalston, one of East London's best-known destinations for restaurants, bars, entertainment, independent businesses and nightlife. This gives residents an excellent choice of amenities and leisure opportunities.
Excellent access to green spaces
Abney Park provides an attractive historic woodland setting, while the wider Stoke Newington neighbourhood benefits from Clissold Park, one of North London's most popular open spaces, with extensive lawns, mature trees and recreational facilities.
Excellent transport connectivity
Dalston Kingsland and Dalston Junction Overground stations provide connections across London, while nearby bus routes offer convenient access to the City, Shoreditch, Islington and Central London.
Strong residential appeal
The surrounding area has a well-established residential community, attractive Victorian architecture and a diverse range of local amenities. It is particularly appealing to professionals, young couples and families.
Important Notice - Rental and Financial Information
Important Notice - Rental and Financial Information
The rental figures, tenancy details and any other financial information provided in respect of this portfolio have been supplied by the Landlord/Seller in good faith and are provided for guidance only. They do not form part of any offer or contract.
We do not manage the properties or collect rent on behalf of the Landlord. We have not independently verified the accuracy or completeness of these figures, the current rent being paid, the terms of any tenancy or lease, or whether any rent arrears, disputes or other liabilities exist. No warranty or representation, express or implied, is given as to their accuracy or completeness.
Prospective purchasers must not rely on this information and must satisfy themselves, through their own independent enquiries, inspections and professional advice (including from a solicitor, surveyor and accountant), as to the correctness of all information before entering into any contract. This should include reviewing the original tenancy agreements and leases, rent statements, bank records and any correspondence relating to arrears or disputes.
Any purchaser will be deemed to have relied solely on their own enquiries. To the fullest extent permitted by law, no liability is accepted for any loss arising from reliance on this information.
Ideally positioned on Prince George Road and Stoke Newington Road, in the heart of one of North London's most established and increasingly sought-after neighbourhoods, the site enjoys an enviable location combining excellent connectivity with a vibrant local lifestyle.
Stoke Newington is renowned for its distinctive character, attractive residential surroundings and thriving independent retail and hospitality scene. The area offers an excellent selection of boutique shops, artisan cafés, popular restaurants, traditional pubs and lifestyle amenities, creating a vibrant neighbourhood that continues to attract professionals, young families and discerning residential buyers.
The site also benefits from its proximity to Dalston, a dynamic and fashionable East London destination celebrated for its eclectic restaurant scene, cultural venues, independent businesses and lively social atmosphere.
Stoke Newington Road, N16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dalston Kingsland Station0.4 miles
- Rectory Road Station0.5 miles
- Dalston Junction Station0.5 miles
Notes
Disclaimer - Property reference 14047. 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 Spencer James Residential, 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.









