Hoxton Street, London, N1
Offers in excess of £4,800,000 Freehold
6/14
Hoxton Street, London, N1
9 bedroom in London
Offers in excess of £4,800,000 Freehold
- 9
- 8
- 8
PICTURES AND VIDEOS
KEY FEATURES
- Investment Opportunity
- Freehold Building
- Approximately 7000sqft
- 7 One Bedroom Flats & 1 Two-Bedroom Flat
- Commercial Unit
- Potential For Further Development (STPP)
KEY INFORMATION
- Tenure: Freehold
- Council Tax Band: B
Description
This exceptional freehold property, situated on the vibrant Hoxton Street, is a stellar investment opportunity. The building boasts a freehold status, encompassing 8 residential flats and a substantial ground floor commercial space spanning nearly 3000 square feet.
Location: Situated on Hoxton Street, this property is at the heart of one of London's most eclectic and dynamic neighbourhoods. Hoxton is renowned for its trendy atmosphere, artistic community, and convenient access to a wide array of amenities and transportation options.
Building Overview:
• Freehold Status: This property offers the coveted freehold status, granting the owner complete control and autonomy over the entire premises.
Ground floor Commercial Development:
• The expansive ground floor commercial space, measuring nearly 3000sqft, presents an excellent opportunity for a variety of businesses, including restaurants, offices, or art galleries.
• Featuring large shopfront windows and ample street frontage, this space ensures exceptional visibility and an ideal setting for engaging customers. The shop also benefits from a 362sqft cellar.
Residential Units:
• The building comprises a total of 8 residential units:
• 7 cleverly designed one-bedroom flats, offering modern living spaces with high-quality amenities. Four flats benefit from outside terraces with one flat benefitting from 2 private balconies, and another flat featuring Juliette balcony.
• 1 spacious two-bedroom flat, catering more generous accommodation.
• Each residential unit is thoughtfully configured with open plan layouts, an abundance of natural light, and premium finishes to attract discerning tenants.
Current Rental Income:
• All 8 residential flats are currently leased under Assured Shorthold Tenancies (ASTs).
• The current rental income from these flats stands at an impressive £175,000 per annum. However, there's potential for even higher yields given the current market conditions.
Commercial Shop Revenue:
• The ground floor commercial space has the potential to generate an estimated yearly revenue of between £35,000 to £40,000, although it had also been receiving £75,000 per year previously.
Investment and Growth Potential:
• As a freehold property in Hoxton, it offers the owner flexibility for long-term strategic decisions, including possible redevelopment or resale.
• Hoxton's thriving real estate market, ever-increasing popularity, and property values make this an exceptionally attractive investment choice.
This freehold building with 8 flats and a sizable ground floor commercial space on Hoxton Street is an unparalleled investment opportunity. Whether you're an experienced property investor seeking to diversify your portfolio or a newcomer looking to capitalize on the growth potential of this trendy area, this property provides a unique chance to secure a valuable asset.
Location: Situated on Hoxton Street, this property is at the heart of one of London's most eclectic and dynamic neighbourhoods. Hoxton is renowned for its trendy atmosphere, artistic community, and convenient access to a wide array of amenities and transportation options.
Building Overview:
• Freehold Status: This property offers the coveted freehold status, granting the owner complete control and autonomy over the entire premises.
Ground floor Commercial Development:
• The expansive ground floor commercial space, measuring nearly 3000sqft, presents an excellent opportunity for a variety of businesses, including restaurants, offices, or art galleries.
• Featuring large shopfront windows and ample street frontage, this space ensures exceptional visibility and an ideal setting for engaging customers. The shop also benefits from a 362sqft cellar.
Residential Units:
• The building comprises a total of 8 residential units:
• 7 cleverly designed one-bedroom flats, offering modern living spaces with high-quality amenities. Four flats benefit from outside terraces with one flat benefitting from 2 private balconies, and another flat featuring Juliette balcony.
• 1 spacious two-bedroom flat, catering more generous accommodation.
• Each residential unit is thoughtfully configured with open plan layouts, an abundance of natural light, and premium finishes to attract discerning tenants.
Current Rental Income:
• All 8 residential flats are currently leased under Assured Shorthold Tenancies (ASTs).
• The current rental income from these flats stands at an impressive £175,000 per annum. However, there's potential for even higher yields given the current market conditions.
Commercial Shop Revenue:
• The ground floor commercial space has the potential to generate an estimated yearly revenue of between £35,000 to £40,000, although it had also been receiving £75,000 per year previously.
Investment and Growth Potential:
• As a freehold property in Hoxton, it offers the owner flexibility for long-term strategic decisions, including possible redevelopment or resale.
• Hoxton's thriving real estate market, ever-increasing popularity, and property values make this an exceptionally attractive investment choice.
This freehold building with 8 flats and a sizable ground floor commercial space on Hoxton Street is an unparalleled investment opportunity. Whether you're an experienced property investor seeking to diversify your portfolio or a newcomer looking to capitalize on the growth potential of this trendy area, this property provides a unique chance to secure a valuable asset.
Marketed by
Winkworth Shoreditch
Properties for sale in ShoreditchArrange a Viewing
Fill in the form below to arrange your property viewing.
Introduction text for the mortgage calculator
Mortgage Calculator
Fill in the details below to estimate your monthly repayments:
Approximate monthly repayment:
For more information, please contact Winkworth's mortgage partner, Trinity Financial, on +44 (0)20 7267 9399 and speak to the Trinity team.
Stamp Duty Calculator
Fill in the details below to estimate your stamp duty
The above calculator above is for general interest only and should not be relied upon
6/14
Meet the Team
Renowned for its world-famous market, Brick Lane sits right in the heart of this vibrant community and it is here too that our office is based. As locals to the area, we pride ourselves on our unrivalled local knowledge and whether it's sales, lettings or property management, strive to provide an unparalleled service and tailor it to your exact needs.
See all team membersMore Properties like this
Cheshire Street, London, E2
£1,650,000 Freehold
Under Offer
Chilton Street, London, E2
Offers in excess of £1,200,000 Share of Freehold
Wheler Street, London, E1
£1,190,000 Leasehold
Gowers Walk, London, E1
£1,000,000 Leasehold
Canrobert Street, London, E2
£1,000,000 Freehold