Total views: 1815
Floorplan
MapGuide price
£575,000Property for sale
London E8
Auction
Property
1 bed
Features and description
Guide Price £575,000 Plus Fees
For sale by unconditional online auction, registration is now open. Bidding opens on 10/12/2025 10:00 and ends on 10/12/2025 13:26.
For sale by online auction on 10 December 2025
Freehold For The Building
Ground Floor Commercial Unit - Rent Review Due
Lower Ground Floor Apartment With Garden
Leasehold Ownership of 2 x Upper Flats Not Included
Total Rental Income £52,848 per annum
9.1% Yield At This Guide Price
£900 per annum Ground Rent from Upper Flats
For sale is this ground floor commercial unit, lower ground floor residential apartment with garden, and the freehold for the building. This sale does not include the leasehold ownership for the upper two floors.
Superbly located in central Hackney, and currently offering a 9.1% yield at guide. The commercial on the ground floor has an A3 license and is currently let until 2031 for £19,248 per annum, there is a rent review due on this premises. The lower ground floor flat currently lets for £33,600 per annum, but with some investment would have a rental valuation of £3500 pcm. The freehold brings in £900 per annum in ground rents for the two upper flats.
The leases have 100 years and 105 years remaining.
Hackney Downs is the nearest station at just 0.2miles walk away with excellent transport links throughout London. It is 12 minutes on the Overground to Liverpool Street, a short drive to Westfield Stratford and Olympic Park and only a 30 minute journey to King Cross.
Dalston Junction / Kingsland are both 0.5miles walk away.
VIEWING SLOTS:
THURSDAY 13TH NOVEMBER 3PM - 3.30PM - 4PM
FRIDAY 28TH NOVEMEBR 11.00AM - 11.30AM
* YOU MUST CONTACT THE OFFICE TO CONFIRM ATTENDANCE *
Tenure
Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
For sale by unconditional online auction, registration is now open. Bidding opens on 10/12/2025 10:00 and ends on 10/12/2025 13:26.
For sale by online auction on 10 December 2025
Freehold For The Building
Ground Floor Commercial Unit - Rent Review Due
Lower Ground Floor Apartment With Garden
Leasehold Ownership of 2 x Upper Flats Not Included
Total Rental Income £52,848 per annum
9.1% Yield At This Guide Price
£900 per annum Ground Rent from Upper Flats
For sale is this ground floor commercial unit, lower ground floor residential apartment with garden, and the freehold for the building. This sale does not include the leasehold ownership for the upper two floors.
Superbly located in central Hackney, and currently offering a 9.1% yield at guide. The commercial on the ground floor has an A3 license and is currently let until 2031 for £19,248 per annum, there is a rent review due on this premises. The lower ground floor flat currently lets for £33,600 per annum, but with some investment would have a rental valuation of £3500 pcm. The freehold brings in £900 per annum in ground rents for the two upper flats.
The leases have 100 years and 105 years remaining.
Hackney Downs is the nearest station at just 0.2miles walk away with excellent transport links throughout London. It is 12 minutes on the Overground to Liverpool Street, a short drive to Westfield Stratford and Olympic Park and only a 30 minute journey to King Cross.
Dalston Junction / Kingsland are both 0.5miles walk away.
VIEWING SLOTS:
THURSDAY 13TH NOVEMBER 3PM - 3.30PM - 4PM
FRIDAY 28TH NOVEMEBR 11.00AM - 11.30AM
* YOU MUST CONTACT THE OFFICE TO CONFIRM ATTENDANCE *
Tenure
Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
About this agent
Town & Country can trace their history back to the early building societies of the nineteenth century, and more latterly the Town & Country Building Society which was formed in 1974. Town & Country Estate Agents formed in 1991 gaining immediate success with a model putting customer service to the forefront. Following expansion over North Wales, North-West and Shropshire, estate agency headquarters were established in Chester City Centre in 2007. 2010 saw the establishment of Town & Country Property Auctions with expansion into the UK, Ireland and overseas in 2018. The continued growth of TCPA nationwide has facilitated a move to new prestigious premises at Regus House, Chester followed by the development of a new digital marketplace for property auctions, with the goal of providing an easy to use, transparent platform for auction buyers and sellers in the modern ag