Whitewill says ..
The annual income from this freehold is currently approximately £225,000. The building comprises of a mixture of both residential and commercial units, 17 being residential units all with leases of 125 years (with 5 years already in place) and 6 fully let commercial units. This is a modern block c
Property Oracle says ..
This property in Hackney, London, is a mixed-use freehold block consisting of 17 residential units and 6 commercial units, generating an annual rental income of approximately £225,000. The building is modern, presenting a clean and contemporary aesthetic as evident in the provided photographs. Its location in Hackney Central provides good access to public transport via the London Overground at Hackney Downs station, and is in proximity to well-rated schools, including Mossbourne Community Academy. The area is generally viewed as an up-and-coming, vibrant part of London, attracting both families and professionals. However, this property is a commercial investment opportunity, more than a typical residential purchase. The lack of specific information regarding individual unit sizes and conditions, as well as the absence of external space, makes it challenging to analyze its full potential and value for different types of buyers. The provided photos only represent a subset of the property’s many components, thus limiting the accuracy of a full assessment. Potential buyers should carefully review the lease terms, income projections, and overall financial implications before making a decision. Further investigation into the market value of similar mixed-use properties in the area is essential for an objective assessment of value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 17
- Bathrooms
- 0
- Sqft (est)
- 3,516.57
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 440,000.00 £Decreased by 31.24 %
- Est sale value
- 2,683,142.91 £Increased by 0.26 %
- Average area rental value
- 2,681.00 £/moIncreased by 3.51 %
- Est letting value
- 14,066.28 £/moIncreased by 33.33 %
- Est rental Yield
- 7.31 %Increased by 50.41 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Whitewill created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mossbourne Community Academy | Academy Sponsor Led | Outstanding | 0.17 KM |
| Brook Satellite Children'S Centre | Children's Centre Linked Site | 0.21 KM | |
| Mossbourne Parkside Academy | Academy Converter | Good | 0.21 KM |
| Stormont House School | Community Special School | Outstanding | 0.40 KM |
| Nightingale Primary School | Community School | Good | 0.65 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Spurstowe Road | £ 0 | 0 | 0.00 KM |
| Tolsford Road | £ 0 | 0 | 0.00 KM |
| Blakeney Close | £ 0 | 0 | 0.00 KM |
| Foxley Close | £ 0 | 0 | 0.00 KM |
| Kenmure Yard | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hackney Downs | 6867 | HAC | 0.29 KM |
| Hackney Central | 6977 | HKC | 0.82 KM |
| Rectory Road | 6967 | REC | 1.08 KM |
| London Fields | 6966 | LOF | 1.18 KM |
| Clapton | 6926 | CPT | 1.36 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Andre Street, London, E8 | £ 550,000 | BUY | 6 / 10 | 0.02 KM |
| Andre Street, Hackney, E8 | £ 875,000 | BUY | 8 / 10 | 0.02 KM |
| Andre Street, London, E8 | £ 625,000 | BUY | 6 / 10 | 0.02 KM |
| Andre Street, Hackney | £ 575,000 | BUY | 6 / 10 | 0.02 KM |
| Andre Street, Hackney, E8 | £ 800,000 | BUY | 7 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 106 Amhurst Road | £ 640,000 | 0.06 KM |
| 123a Amhurst Road | £ 1,150,000 | 0.11 KM |
| 129a Amhurst Road | £ 492,800 | 0.11 KM |
| 129 Amhurst Road | £ 205,000 | 0.11 KM |
| 105a Amhurst Road | £ 530,000 | 0.11 KM |