studio for sale

An exceptional and rarely available freehold investment opportunity in the heart of Stoke Newington, ideally positioned amongst the area's vibrant shops, cafs, restaurants and local amenities. Set within a secure gated site, this substantial mixed-use development currently comprises 17 residential apartments and one office arranged across four buildings, including 10 one-bedroom apartments, 2 two-bedroom apartments, 4 three-bedroom apartments, 1 four-bedroom apartment and one office. All units are presently let on Assured Periodic Tenancies (APTs) and a commercial tenancy generating a strong annual income of approximately 444,000 with 100% occupancy. Combining immediate rental income with significant future increase in rental income, this is a rare opportunity to acquire a landmark Stoke Newington site. Spencer James Residential is an independent estate agency established in 2002 specialising in all aspects of residential lettings, sales and property management. We are serious about the pivotal role we play between our landlords and tenants; buyers and sellers. Our clients are assured in the knowledge that we work under an approved code of practice, due to our memberships with recognised industry bodies including: the Association of Residential Lettings Agents (ARLA); the National Association of Estate Agents (NAEA); and the Property Ombudsman (Sales and Lettings).