£1,400,000 /Sale price

London Greater London E1

Overview

SUMMARY: Discover an opportunity with this London shared living/flatmate for sale and available for £1,400,000 /Sale price. This could be your next ideal home or a smart investment. More details await.
JAGUN - Comprises new-build residential block, consisting of 2 x 3-Bed apartments at ground floor,
and additional 7 apartments on upper floors which have been sold-off on long leaseholds expiring 2145. The property provides the following accommodation and dimensions: Ground Floor: Flat 1: 157 sq m (1,689 sq ft) Gross Internal area: 80 sq m (861 sq ft) 3 bedrooms, kitchen/living room, 2 bathrooms Garden area: 77 sq m (828 sq ft) Flat 2: 157 sq m
(1,689 sq ft) Gross Internal area: 80 sq m (861 sq ft) 3 bedrooms, kitchen/living room, 2 bathrooms Garden area: 77 sq m (828 sq ft) First-Fourth Floor: 3 x 1-bed and 4 x 2-bed apartments (sold-off) Tenancy: Flat 1 is at present let on AST to an Individual for a term of 12 Months from 1st March 2023 at a current rent of £34,800 p.a. Flat 2 is at present let on AST to an Individual for a term of 12 Months from 21st May 2023 at a current rent of £33,600 p.a. Flat 3 has been sold-off on long leasehold for a term of 125 Years from 25th March 2020 at a ground rent of £300 p.a. Reversion 2145. Flat 4 has been sold-off on long leasehold for a term of 125 Years from 25th March 2020 at a ground rent of £300 p.a. Reversion 2145. Flat 5 has been sold-off on long leasehold for a term of 125 Years from 25th March 2020 at a ground rent of £300 p.a. Reversion 2145. Flat 6 has been sold-off on long leasehold for a term of 125 Years from 25th March 2020 at a ground rent of £300 p.a. Reversion 2145. Flat 7 has been sold-off on long leasehold for a term of 125 Years from 25th March 2020 at a ground rent of £300 p.a. Reversion 2145. Flat 8 has been sold-off on long leasehold for a term of 125 Years from 25th March 2020 at a ground rent of £300 p.a. Reversion 2145. Flat 9 has been sold-off on long leasehold for a term of 125 Years from 25th March 2020 at a ground rent of £300 p.a. Reversion 2145.
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Details

  • Beds: 6
  • Baths: 6
  • Price: £1,400,000 /Sale price

Amenities

  • Home
    • REF: JAGUN
    • Comprises 2 x 3-bedroom ground floor apartments with large rear gardens
    • Includes 7 apartments on upper floors
    • all sold-off on long leaseholds
    • The residential block has been newly developed in 2017
    • Gross Initial Yield: 4.95%
    • Rental Income: £70,500 p.a.
    • Sold With Freehold

Location

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