Located close to Shoreditch and ideally placed in the vicinity of, Columbia Road, Brick, Lane, Broadway Market, and the green spaces of Victoria Park / London Fields, Ellis and Co are pleased to offer this Freehold investment. The portfolio consists of 5 well maintained 1 bedroom flats of varying sizes, with a communal roof terrace, a 3/4 bedroom house and a ground floor shop let out currently with an A3 classification for business use. The current rental premium per Annum is currently £167,000.00 but we strongly believe that several of the units are currently underlet and there is definite scope to increase the rent roll considerably (awaiting commercial floorplan)
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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