Millers Terrace, E8
£1,800,000
Property Summary
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.
