E14 7LW
Commercial Road, London, E14
- Mixed use freehold investment opportunity
- Four self contained flats, fully occupied
- Ground floor commercial premises with a 10 year lease from 2023
- Planning permission granted to build a two bedroom apartment on the third floor.
- Current total income of £111,600
A mixed use freehold investment opportunity in a popular location in close proximity to Canary Wharf and the City of London. Comprising four self contained flats, a ground floor commercial unit and planning permission to build a new two bedroom apartment. All units are currently let to professional tenants and presented to a good standard throughout. The location is very popular with renters and there has been next to no void period over the last 4 years they have been under our management. For transport, the property is located just 75 metres from Limehouse DLR & National Rail stations.
Ground floor commercial premises currently in use as a takeaway pizza restaurant for £30,000 per annum, with a ten year lease running from 2023 and a review date in April 2028.
A first floor self contained one bedroom flat of 403 sq ft, let on an assured periodic tenancy at a rent of £18,00 per annum with a rent review date of November 2027.
A first floor self contained two bedroom flat of 571 sq ft. let on an assured periodic tenancy at a rent of £22,200 with a rent review date of September 2027.
A second floor self contained one bedroom flat of 403 sq ft, let on an assured periodic tenancy at a rent of £17,400 per annum with a rent review date of September 2027.
A second floor self contained two bedroom flat of 571 sq ft. let on an assured periodic tenancy at a rent of £24,000 with a rent review date of July 2027.
Planning consent for a two bedroom flat of 947 sq ft roof extension.
How the asking price has moved
Prices, costs and what's nearby
What homes within 400 m sold for since Nov 2023, by type. Source: HM Land Registry.
Most recent sales
How the average price of terraced houses in Tower Hamlets has moved, compared with London overall.
Monthly asking rents for homes advertised within 400 m in the last 3 months, by bedrooms.
Based on the asking price of £2,200,000. Adjust the figures to match your own deposit and rate.
For illustration only — not a mortgage offer or financial advice. Actual repayments depend on your lender, credit profile and product fees.
The closest stations, schools and grocery shops to this home. Straight-line distance, not walking route.
Stations
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LimehouseDLR140 m
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WestferryDLR860 m
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Stepney GreenDistrict Hammersmith & City1.2 km
Schools
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The Hamlet SchoolSpecial Ages 2–1170 m
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Sir William Burrough Primary SchoolPrimary Academy Ages 3–11270 m
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Cayley Primary SchoolPrimary State Ages 3–11350 m
Distance is not catchment. Check admissions with the school or local council. Source: DfE Get Information About Schools.
Groceries
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Tesco ExpressConvenience store10 m
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Asda ExpressConvenience store210 m
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Nisa LocalConvenience store230 m
Source: © OpenStreetMap contributors.