* Investment Opportunity * A rare opportunity to purchase this end of terrace building situated on a large plot and consisting of 9 apartments as well as land to the side that offers potential for development. The apartments are rented on AST's and are as follows;
Unit 1 - Three bedroom split level maissonette with own entrance (GF & FF) Unit 2 - Three bedroom split level maissonette with own entrance Unit 3 - One bedroom Unit 4 - One bedroom Unit 5 - One bedroom Unit 6 - One bedroom Unit 7 - One bedroom Unit 8 - Two bedroom upper floor apartment Unit 9 - One bedroom
The block generates an annual rental income of £140,359.92p with potential for an increase. Sold as an SPV with or without vacant possession.
Located on a popular residential street located moments from the many bars, restaurants and coffee houses of Stoke Newington Church Street. Transport links include, Stoke Newington Station (Overground) and a variety of bus routes into The City and West End.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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