This property features five self-contained flats along with a commercial unit, all housed within a mixed-use building. Currently generating an income of approximately £98,300 annually, this investment opportunity includes nine long-leasehold flats within the block that yield ground rents of £300 each per year. The lower ground floor commercial space contains an open-plan office area with a kitchenette and bathroom, plus a separately accessed office and storage area; however, it lacks natural light in the meeting room. The residential configuration consists of four one-bedroom flats and one two-bedroom flat, with two units benefiting from small terrace areas while the others do not offer outside space. There is also a gated car park accommodating six vehicles. Located at a crossroads near Hackney Downs train station, the site enjoys convenient access to London Overground services and is surrounded by various residential and retail offerings. Notably, planning permission for a two-storey extension was recently denied; however, there appears to be potential for developing two additional residential units on one floor pending council approval.
