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8 bed flat
Gilbert Street, London EN3
£1,500,000
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Our Summary
- Investment Opportunity Opportunities to acquire a recently constructed freehold residential block with immediate income are relatively rare within Greater London
- The asset offers investors: • Immediate and diversified income across five units • Low maintenance associated with modern construction • Strong tenant demand within an established rental location • Long-term potential for rental growth and capital appreciation The portfolio is therefore well suited to private investors, portfolio landlords and property investment companies seeking a stable London residential asset with immediate returns
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Description
The property is a modern, freehold residential investment consisting of a single title with five self-contained flats, constructed in 2021. The development includes three two-bedroom and two one-bedroom units, with a total gross internal area of approximately 313 sq m (3,369 sq ft). The flats are currently fully let, producing a combined rental income of £96,000 per annum, with a gross yield of approximately 6.4% at the asking price.