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Millers Terrace, London, E8 5 bed property with land for sale
Millers Terrace, London, E8
£1,750,000
Millers Terrace, London, E8
£1,750,000
Our Summary
- are proud to present this INVESTMENT OPPORTUNITY; comprising of a freehold block consisting of 5 x 1 bedroom apartments, finished to a very high standard
- There is also scope for the rents to increase as the most recent apartment rented for £2050 per calendar month in Jan 2025
Description
Element Properties & Co. presents a rare investment opportunity in Dalston, a freehold block of five 1-bedroom apartments finished to a high standard. The block offers a total of 214 SQM of internal space, with two apartments on each of the ground and first floors, and a penthouse on the second floor. Each apartment features a kitchen/reception area and spacious bedroom, with some units also having outside space. The current rent roll is £116,100 per annum, providing a strong yield for the area, and there is scope for rent increases as the most recent apartment rented for £2,050 per month. The block is situated in a quiet mews just 0.3 miles from Dalston Kingsland Overground station, offering easy links to central London and the surrounding areas. The site is offered as a freehold block with tenants currently in situ, and further details can be provided upon application.