Hackney Road, London, Haggerston 5 bed flat for sale

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Hackney Road, London, Haggerston 5 bed flat for sale

Hackney Road, London, Haggerston
£1,500,000

Our Summary

  • A great investment opportunity to acquire this rare freehold building situated on Hackney Road close to the famous Colombia Road Flower Market
  • The is potential to build a further floor subject to obtaining planning consent
  • Development opportunity STP

Description

This rare freehold building on Hackney Road offers a unique investment opportunity, comprising an A3 restaurant with outdoor garden area and a HMO flat with 4/5 bedrooms over three floors. The property benefits from a prime location near the famous Colombia Road Flower Market, with Cambridge Heath and Hoxton Overground stations nearby. The building has potential for further development, subject to planning consent, and is elected for VAT. The restaurant is currently held over by the tenant, with the last rent review set at £47,000 per annum, while the HMO flat is let on an AST agreement expiring in August 2026 at £3,800 per month. With the area experiencing significant regeneration, this property presents a compelling investment opportunity for those looking to capitalize on its growth potential.