Mintern Street, London, N1 5EG

£6,000,000Freehold

19

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Tenure: Freehold
Block of Nine apartments
Excellent Transport Links
Central Location
Investment Potential
Attractive Yields

Description

Prime Investment Opportunity: Block of 9 Apartments in Shoreditch with additional commercial space.

We are pleased to present a block of 9 apartments located in the highly sought-after area of Shoreditch. These properties are currently let on Assured Shorthold Tenancies (ASTs) and generate a gross yield of 6% per annum.

Current Configuration:

2 Studio Apartments
1 One-Bedroom Apartment
3 Two-Bedroom Apartments
2 Three-Bedroom Apartments
1 Four-Bedroom Apartment

Residential Gross Internal Area: 6221sq ft. (Excluding Commercial Space)

The current owners have initial planning to convert the existing commercial space into additional residential units,
specifically:
2 One-Bedroom Apartments
2 Studio Apartments


Location:
This property offers excellent connectivity and convenience, situated close to both Hoxton and Shoreditch.

The nearest stations include:
Old Street Underground (Northern Line)
Essex Road (National Rail)
Highbury & Islington Station (National Rail & Victoria Line)
Additionally, the property is well-served by bus routes on Southgate Road and New North Road, providing easy access to the City.

This is a prime opportunity for investors seeking a stable income in a vibrant and desirable part of London. For more information or to arrange a viewing, please contact us on 020 3890 7470

Arrange Viewing

Shoreditch Park Primary School
(0.15 miles)
Outstanding
Number of pupils: 421
Age Range: 3 - 11
St John the Baptist Voluntary Aided Church of England Primary School
(0.17 miles)
Outstanding
Number of pupils: 318
Age Range: 3 - 11
Thomas Fairchild Community School
(0.23 miles)
Requires Improvement
Number of pupils: 256
Age Range: 3 - 11
New Regent's College
(0.24 miles)
Good
Number of pupils: 56
Age Range: 5 - 16
Hoxton Garden Primary
(0.26 miles)
Good
Number of pupils: 325
Age Range: 3 - 11
Rosemary Works School
(0.32 miles)
Number of pupils: 118
Age Range: 3 - 11
St Monica's Roman Catholic Primary School
(0.4 miles)
Good
Number of pupils: 226
Age Range: 2 - 11
Rotherfield Primary School
(0.42 miles)
Good
Number of pupils: 354
Age Range: 3 - 11
Hackney New Primary School
(0.45 miles)
Outstanding
Number of pupils: 289
Age Range: 4 - 11
Randal Cremer Primary School
(0.49 miles)
Good
Number of pupils: 304
Age Range: 3 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£31,568 /mo.
25 Years, 5% Interest
Loan
£5,400,000
Total Repay
£9,470,359

Stamp Duty

You’ll have to pay the stamp duty of:
£631,250
0% up to £250,000
5% between £250,000 and £925,000
10% between £925,000 and £1,500,000
12% above £1,500,000
Your effective stamp duty rate is 10.52%

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