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8 bed property, in Gilbert Street, £1,500,000
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8 bed property

Gilbert Street, London, EN3
£1,500,000

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 comprising five self-contained flats, arranged within a contemporary building constructed in 2021, extending to approximately 313 sq m (3,369 sq ft) of gross internal area. The portfolio consists of three two-bedroom flats and two one-bedroom flats, all of which are currently let, generating a combined rental income of £96,000 per annum, representing a gross yield of approximately 6.4% at the asking price. The total property is fully let, offering immediate income from completion.