5 bed flat for sale

Harrington Hill, Clapton, London E5

Freehold investment opportunity – three self-contained flats – harrington hill, E5

Goldmove Properties are delighted to present this rare freehold investment opportunity situated on Harrington Hill, E5, in the heart of Hackney.

The building comprises three self-contained residential flats arranged over multiple levels, consisting of two spacious two-bedroom apartments and one one-bedroom apartment. The property is currently fully let and producing a combined rental income of approximately £58,200 per annum, with the current rents considered below prevailing market levels, offering investors immediate scope for future rental growth and enhanced returns.

The accommodation is presented in fair to moderate condition throughout and has been successfully let for a number of years. The property would suit both experienced investors seeking a long-term income-producing asset and those looking for an opportunity to add value through refurbishment and rental optimisation over time.

Located within a highly sought-after pocket of Hackney, the property benefits from excellent transport links, local amenities, green spaces and strong tenant demand, making it an attractive addition to any investment portfolio.

Investment Highlights:

Freehold block comprising three self-contained flats
Two x two-bedroom apartments
One x one-bedroom apartment
Fully tenanted producing approximately £58,200 per annum
Current rents considered below market levels
Potential for future rental growth and yield improvement
Well-positioned within a popular East London location
Excellent transport links and local amenities nearby
Ideal buy-to-let investment opportunity

Guide Price: £1,300,000

Current Income Schedule

Flat 1 (2 Bed): £1,850 pcm
Flat 2 (2 Bed): £1,750 pcm
Flat 3 (1 Bed): £1,250 pcm
Total: £4,850 pcm (£58,200 pa)