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Flat
·
for sale
£ 1,150,000
4 bedroom block of apartments for sale
White Horse Lane E1 London
· 4 Bedrooms · 4 Baths · Flat
White Horse Lane E1 London · 4 Bedrooms · 4 Baths · Flat
PLEASE QUOTE MR0560GUIDE PRICE £1,150,000 – £1,300,000 | FREEHOLD | FOUR SELF-CONTAINED APARTMENTS | CURRENT INCOME APPROX. £79,900 P.A. | POTENTIAL DEVELOPMENT UPSIDE (STPP)A rare opportunity to acquire a substantial detached freehold investment property in East London, comprising four self-contained one-bedroom apartments and extending to approximately 1,748 sq. ft.The four apartments are currently let and produce a combined rental income of approximately £79,900 per annum (£6,658 pcm), providing an attractive income-producing investment from day one. At the lower end of the guide price, the existing income represents a gross yield of approximately 6.95%.Occupying a generous plot and set within an attractive courtyard-style setting, the property may also offer interesting longer-term development potential, subject to the necessary planning consents and professional advice. This potential has not been reflected in the existing rental income and provides prospective purchasers with an
PLEASE QUOTE MR0560GUIDE PRICE £1,150,000 – £1,300,000 | FREEHOLD | FOUR SELF-CONTAINED APARTMENTS | CURRENT INCOME APPROX. £79,900 P.A. | POTENTIAL DEVELOPMENT UPSIDE (STPP)A rare opportunity to acquire a substantial detached freehold investment property in East London, comprising four self-contained one-bedroom apartments and extending to approximately 1,748 sq. ft.The four apartments are currently let and produce a combined rental income of approximately £79,900 per annum (£6,658 pcm), providing an attractive income-producing investment from day one. At the lower end of the guide price, the existing income represents a gross yield of approximately 6.95%.Occupying a generous plot and set within an attractive courtyard-style setting, the property may also offer interesting longer-term development potential, subject to the necessary planning consents and professional advice. This potential has not been reflected in the existing rental income and provides prospective purchasers with an
£ 1,150,000