No longer on the market
This property is no longer on the market
Floorplans (
Map5 bedroom property with land
Plot
5 beds
5 baths
2282
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Investment freehold block
- Strong yield
- 5 x 1 bedroom apartments
- Great location
- Close to amenities & transport
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.
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.
About this agent
Element was created by two brothers who combined their extensive knowledge and understanding from all sides of the property industry, into one holistic service. One of the brothers is an award-winning estate agent, who has built up a fantastic reputation over years serving his clients’. The other brother has extensive experience within the construction and design industry; and has strong links to the finance markets; ensuring you have access to the most competitive rates. Here at Element love working with the community and have teamed up with local experts to provide our clients with a truly holistic and integrated property service – so always feel free to get in touch as no request is too big nor too small.