A rare opportunity to acquire an income producing residential investment located between Shoreditch and Hoxton.
The property is ideally located 0.6 miles from Old Street Station (Northern Line) and 0.7 miles from Hoxton Station (Overground).
Comprises 9 self-contained flats arranged over first, second, third and fourth floors:
2 x studios
1 x 1 bed
3 x 2 beds
2 x 3 beds
1 x 4 bed
Measuring 6,183 sq ft NIA.
The property is fully let producing a current passing rent of £353,700 pa.
Freehold.
The ground floor commercial element is available via separate negotiation.
We are instructed to seek Offers In Excess Of £4,600,000 (Four Million Six Hundred Thousand Pounds), subject to contract. A purchase at this level reflects a Gross Yield of 7.69%.
