£9,000,000
Studio for sale135 N16
Just added
Freehold
About this property
Rental Portfolio of 17 Apartments
Freehold Blocks
Private Gated Site
Sort After Location
An exceptional and rarely available freehold investment opportunity in the heart of Stoke Newington, ideally positioned amongst the area's vibrant shops, cafés, restaurants and local amenities.
Set within a secure gated site, this substantial mixed-use development currently comprises 17 residential apartments arranged across four buildings, including 10 one-bedroom apartments, 2 two-bedroom apartments, 4 three-bedroom apartments and 1 four-bedroom apartment. All units are presently let on Assured Periodic Tenancies (APTs), generating a strong annual income of approximately £410,000 with 100% occupancy.
Combining immediate rental income with significant future increase in rental income, this is a rare opportunity to acquire a landmark Stoke Newington site.
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).
Set within a secure gated site, this substantial mixed-use development currently comprises 17 residential apartments arranged across four buildings, including 10 one-bedroom apartments, 2 two-bedroom apartments, 4 three-bedroom apartments and 1 four-bedroom apartment. All units are presently let on Assured Periodic Tenancies (APTs), generating a strong annual income of approximately £410,000 with 100% occupancy.
Combining immediate rental income with significant future increase in rental income, this is a rare opportunity to acquire a landmark Stoke Newington site.
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).
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Monthly repayment
£45,022 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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