Land for sale in Downs Road, Lower Clapton, London
£1,300,000.00
Product will not be delivered.
LAN-155
£534.32 per sq. ft.
Key features
- Portfolio of 4x self-contained apartments
- 3x two bed, 1x one bed
- All apartments in good condition
- Fully tenanted investment
- Annual income of £67,000
- 4x long leasehold titles (125y from 2000)
Property description
FOR SALE BY AUCTION: Terms and conditions apply.
We are pleased to present this unique residential investment opportunity, situated within this imposing corner property located at the junction of Downs Road and Lower Clapton Road in E5. The portfolio comprises 4 self-contained flats arranged over the first, second and third floors, being 3 spacious two-bedroom apartments and one one-bedroom flat. The flats are presented in good condition throughout, and are fully let for a combined annual income of £67,000 per annum.
We are pleased to present this unique residential investment opportunity, situated within this imposing corner property located at the junction of Downs Road and Lower Clapton Road in E5. The portfolio comprises 4 self-contained flats arranged over the first, second and third floors, being 3 spacious two-bedroom apartments and one one-bedroom flat. The flats are presented in good condition throughout, and are fully let for a combined annual income of £67,000 per annum.
Location
The subject property is well located along Downs Road, Lower Clapton. The property is in a popular residential location just opposite Clapton pound, local amenities such as shops and in close proximity to both Clapton and Hackney Downs Train Station in addition to local bus routes.
Lease Details
All flats are currently let as below:
Flat 1: 2 bed, let for £1,516.67pcm
Flat 2: 2 bed, let for £1,516.67pcm
Flat 3: 2 bed, let for £1,516.67pcm
Flat 4: 1 bed, let for £1,200pcm