Terraced house for sale in 123 Lower Clapton Road, London E5
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Property features
- Freehold
Property description
For sale by auction 12/09/2024 £370,000 plus
freehold mixed use, commercial and residential investment property, producing £29,200 P.A
Location & Description
The property is located on Lower Clapton Road (A107), opposite Powerscroft Road, and to the east of Hackney Downs Park, in a busy commercial and residential area. The property has good transport links with Hackney Downs, Hackney Central and Homerton (Overground) all being 300m to the south.
The property comprises a four storey (plus basement) terraced building, with a commercial unit on ground and basement, and two long leasehold residential flats over upper floors.
Accommodation
The property comprises the following:
Ground Floor & Basement:
The rspca Central and North East branch. Lease expiring 31/12/2029 at £29,000 pa
1,810 Sq Ft (168.22 Sq M)
First Floor to Fourth Floor:Two x2 bedroom flats (not inspected). Both 125 years from 24/06/1986 (87 years remaining) at a ground rent of £100pa each.
Total rental £29,200 per annum
Tenure
Freehold
Note
Auction Surveyor : Rob Hills
Contact :
EPC Rating
D
Property info
For more information about this property, please contact
Strettons Auctions, E11 on +44 20 8022 5209 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Strettons Auctions, and do not constitute property particulars. Please contact Strettons Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.