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9 bedroom property for sale
Hoxton Street, London, N1
£4,800,000
Hoxton Street, London, N1
£4,800,000
Our Summary
- This exceptional freehold property, situated on the vibrant Hoxton Street, is a stellar investment opportunity
- However, there's potential for even higher yields given the current market conditions
- Commercial Shop Revenue:• The ground floor commercial space has the potential to generate an estimated yearly revenue of between £35,000 to £40,000, although it had also been receiving £75,000 per year previously
- This freehold building with 8 flats and a sizable ground floor commercial space on Hoxton Street is an unparalleled investment opportunity
- Investment Opportunity
- Potential For Further Development (STPP)
Description
This exceptional freehold property on Hoxton Street offers a stellar investment opportunity, boasting a freehold status and comprising 8 residential flats and a substantial ground floor commercial space spanning nearly 3000 square feet. The building is situated in the heart of Hoxton, a vibrant and eclectic neighborhood renowned for its artistic community, trendy atmosphere, and convenient access to amenities and transportation options. The commercial space presents an excellent opportunity for various businesses, while the residential units are thoughtfully designed with modern living spaces, high-quality amenities, and premium finishes. The property currently generates an impressive £175,000 per annum in rental income from the residential units, with potential for even higher yields. The ground floor commercial space has the potential to generate an estimated yearly revenue of between £35,000 to £40,000. As a freehold property, it offers the owner flexibility for long-term strategic decisions, including possible redevelopment or resale, making it an exceptionally attractive investment choice.