DESCRIPTION
A rare freehold estate in Stamford Hill, held by the same family since 1966, sold to a private investor. Located 0.6 miles from Clapton and Stoke Newington stations, the property benefits from fast links to London Liverpool Street. The estate comprises two neighbouring blocks arranged over three and four floors, together with grounds and garages, totalling 41 flats (20 long leases, 14 short leases, five ASTs and two vacant), and generating a passing rent of £100,595 per annum, including ground rent. The seven lettable flats extend to 5,799 sq ft NIA. The property also offers potential for rooftop development of nine additional flats (totalling 8,184 sq ft NIA), under previous planning consents.
