Hoxton, London N1

Published: 31/05/2024 By The Development Group

A discounted mixed-use investment opportunity with asset management and development potential

  • A freehold discounted investment opportunity for 9 x apartments and ground floor commercial in Hoxton. 

  • The property offers excellent connectivity being less than a 10 minute walk to both Old Street and Hoxton Stations. Multiple bus routes also service the immediate area. 

  • Apartment Mix: 2 x studios, 1 x 1 bed, 3 x 2 beds, 2 x 3 beds, 1 x 4 bed.

  • The apartments are fully let on ASTs generating £356,700pa.

  • All apartments benefit from private balconies together with a large communal area across the first floor. 

  • 4,250sqft + Ground floor (shell and core) commercial offering potential for conversion to residential or asset management subject to the necessary consents.

  • Commercial ERV: £107,000pa.

  • No VAT.

  • Freehold subject to existing ASTs.

  • Asking price: £6,000,000 unconditionally.