Back to current instructions

The Leabridge Portfolio E10

A PORTFOLIO OF FOUR INCOME PRODUCING BUILDINGS LOCATED IN WALTHAMSTOW, WITH BREAK UP POTENTIAL
For sale
  • A rare opportunity to acquire a residential portfolio comprising four freeholds, all located within close proximity to one another on Lea Bridge Road in the heart of Leyton.
  • The portfolio consists of 13 apartments (individual arrangements shown below).
  • Total NIA – 6,936 sq ft.
  • There are four commercial units which have all been sold off on long leasehold interests.
  • Rental income totals £193,980 per annum.
  • Each asset is within close proximity to Leyton Midland Road and Walthamstow Central Stations providing quick and easy access into central London.
  • Guide prices listed are offering a significant discount relative to the break up value.
  • The portfolio is available to purchase in its entirety as well as on an individual basis.
  • All held Freehold.
  • WE ARE INSTRUCTED TO SEEK OFFERS IN EXCESS OF £3,125,000 (Three Million, One Hundred & Twenty-Five Thousand Pounds). This reflects a low capital value of £450 psf and a gross yield of 6.2%.
  • EACH ASSET CAN BE PURCHASED INDIVIDUALLY UNDER THE FOLLOWING GUIDE PRICES:
  • 597 LEABRIDGE ROAD, LONDON E10 6AJ
  • 1 x 2 bed 2 x 1 bed (1,413 sq ft)
  • OIEO £675,000 (Six Hundred & Seventy-Five Thousand Pounds) Representing a low capital value of £477 psf, and a gross yield of 6.0%.
  • 633 - 637 LEABRIDGE ROAD, LONDON E10 6AJ
  • 2 x 1 bed, 3 x 2 bed (2,491 sq ft)
  • OIEO £1,250,000 (One Million, Two-Hundred & Fifty Thousand Pounds) Representing a low capital value of £501 psf and a gross yield of 6.34%.
  • 642 LEABRIDGE ROAD, LONDON E10 6AP
  • 1 x 2 bed 1 x 3 bed (1,713 sq ft)
  • OIEO £575,000 (Five Hundred & Seventy-five Thousand Pounds) Representing a low capital value of £335 psf and a gross yield of 6.26%.
  • 706 LEA BRIDGE ROAD, LONDON E10 6AW &12 KNOTTS GREEN MEWS, LONDON E10 6AQ
  • 2 x 1 bed 1 x studio (1,319 sq ft)
  • OIEO £625,000 (Six Hundred & Twenty-Five Thousand Pounds) Representing a low capital value of £473 psf and a gross yield of 6.1%.
View our current instructions or download our track record
View current instructions Download track record