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5 bed flat
Harrington Hill, Clapton, London, E5
£1,300,000
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Our Summary
- FREEHOLD INVESTMENT OPPORTUNITY – THREE SELF-CONTAINED FLATS – HARRINGTON HILL, E5 Goldmove Properties are delighted to present this rare freehold investment opportunity situated on Harrington Hill, E5, in the heart of Hackney
- The property is currently fully let and producing a combined rental income of approximately £58,200 per annum, with the current rents considered below prevailing market levels, offering investors immediate scope for future rental growth and enhanced returns
- The property would suit both experienced investors seeking a long-term income-producing asset and those looking for an opportunity to add value through refurbishment and rental optimisation over time
- Investment Highlights: Freehold block comprising three self-contained flats Two x two-bedroom apartments One x one-bedroom apartment Fully tenanted producing approximately £58,200 per annum Current rents considered below market levels Potential for future rental growth and yield improvement Well-positioned within a popular East London location Excellent transport links and local amenities nearby Ideal buy-to-let investment opportunity Guide Price: £1,300,000 Current Income Schedule Flat 1 (2 Bed): £1,850 pcm Flat 2 (2 Bed): £1,750 pcm Flat 3 (1 Bed): £1,250 pcm Total: £4,850 pcm (£58,200 pa)
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Description
The property is a freehold block on Harrington Hill, comprising three self-contained residential flats. The flat configuration is as follows: two spacious two-bedroom apartments and one one-bedroom apartment. The accommodation is presented in fair to moderate condition throughout.
The building is situated in a highly sought-after pocket of Hackney, with benefits including excellent transport links, local amenities, green spaces, and strong tenant demand.