Offers over
£4,600,000
(£743.98/sq. ft)
Block of flats for saleMintern Street, London N1
6,183 sq. ft
About this property
A rare opportunity to acquire an income producing residential Investment located between Shoreditch and Hoxton.
The property is ideally located 0.6 miles from Old Street Station (Northern Line) and 0.7 miles from Hoxton Station (Overground).
Comprises 9 self-contained flats arranged over first, second, third and fourth floors:
2 x studios
1 x 1 bed
3 x 2 beds
2 x 3 beds
1 x 4 bed
Measuring 6,183 sq ft NIA.
The property is fully let producing a current passing rent of £353,700 pa.
Freehold.
The ground floor commercial element is available via separate negotiation.
We are instructed to seek Offers In Excess Of £4,600,000 (Four Million Six Hundred Thousand Pounds), subject to contract. A purchase at this level reflects a Gross Yield of 7.69%.
The property is ideally located 0.6 miles from Old Street Station (Northern Line) and 0.7 miles from Hoxton Station (Overground).
Comprises 9 self-contained flats arranged over first, second, third and fourth floors:
2 x studios
1 x 1 bed
3 x 2 beds
2 x 3 beds
1 x 4 bed
Measuring 6,183 sq ft NIA.
The property is fully let producing a current passing rent of £353,700 pa.
Freehold.
The ground floor commercial element is available via separate negotiation.
We are instructed to seek Offers In Excess Of £4,600,000 (Four Million Six Hundred Thousand Pounds), subject to contract. A purchase at this level reflects a Gross Yield of 7.69%.
Mortgage calculator
Monthly repayment
£23,011 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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