1 bedroom terraced house for sale

Guide Price £700,000 Plus Fees
For sale by unconditional online auction, registration is now open. Bidding opens on 24/09/2025 10:00 and ends on 24/09/2025 13:50.

For sale by online auction on 24 September 2025
Freehold For The Building
Ground Floor Commercial Unit
Lower Ground Floor Apartment With Garden
Leasehold Ownership of 2 x Upper Flats Not Included
Total Rental Income £53,600 per annum
7.6% 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 7.6% yield at guide. The commercial on the ground floor has an A3 license and is currently let until 2031 for £20,000 per annum. 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.

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.