Terraced house for sale in 123 Lower Clapton Road, London E5

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