66 bedroom block of apartments for sale

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66 bedroom block of apartments for sale

Bryant Street, London, E15
£18,000,000

Our Summary

  • All flats benefit from an EPC B rating, with a refurbishment designed to maximise management efficiencies, lower operating expenses, and future
  • Further planning permission granted for 4 x 1 bedroom flats in independent block

Description

This newly redeveloped freehold block of 46 apartments in Stratford, London Zone 2, offers a unique investment opportunity. The property is situated just 0.4 miles from Stratford Station, which provides access to multiple transportation lines, including HS1, the Elizabeth Line, and the Overground. The building features a mix of studio, one, two, and three-bedroom apartments, with a total NIA of 22,353 sq ft and GIA of 29,989 sq ft. The property has been comprehensively refurbished with modern amenities, including solar panels, new boilers, and new windows. Currently fully let, the property produces an annual income of £1,226,450. With a C3 residential use class and no affordable housing restrictions, the property offers strong rental growth prospects driven by Stratford's population and wage growth, proximity to universities, and local supply constraints.