Brooke Road, Hackney, London

This property on Brooke Road represents a spectacular investment opportunity, with high return and scope for further development. The property is situated moments from Stoke Newington High Street & Stamford Hill which is an excellent and high demand location.

Flat 1 is a beautifully converted 3 double bedrooms, two-bathroom garden flat with a basement. The basement itself has scope for redevelopment into a separate studio, subject to the necessary consents. The flat itself is in stunning condition throughout. Rents tend to exceed £4,250 per calendar month and the property is currently achieving £6,000 per calendar month. The property measures 990.28 square feet, with an additional 441.32 square feet in the basement.

Flat 2 is located on the first floor and is arranged as three units which each has an ensuite and access to a communal kitchen. Each unit is currently achieving £1,450 per calendar month and £100 for bills. The flat measures 592 square feet.

Flat 3 is a split level flat arranged as four units, again, each with en-suite and with access to a communal kitchen. Two of the units are currently achieving £1,550 per calendar month and two are achieving £1,450 per calendar month. The flat measures 1,044.10 square feet.

The two carparks in the driveway achieve £3,000 per annum. Total income is anticipated to be £183,600 per annum.

The property benefits from planning permission to convert the basement into an additional studio.

Numerous transport links nearby.